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2018 (8) TMI 1277 - GUJARAT HIGH COURT
CENVAT credit - inputs attributable to manufacture of exempted final products - reversal of CENVAT credit - Rule 6 of Cenvat Credit Rules, 2004 - Held that:- Since the assessee had reversed the cenvat credit with interest, no further adverse consequence should follow - This Court in case of Commissioner v. Ashima Dyecot Ltd [2008 (9) TMI 87 - HIGH COURT GUJARAT] has observed that reversal of credit amounts to non-availment - tax appeal dismissed.