Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (11) TMI 490 - AT - Central ExciseRecovery of CENVAT Credit availed - inputs - speciality polymers - on completion of re-packing and re-labelling, the said ‘speciality polymers’ were cleared on payment of appropriate duties undisputedly more than the duty borne on procurement, by debit of CENVAT credit account - Held that:- It is seen from the records that there is no dispute on the duty liability discharged on the procurement of ‘speciality polymers’ and even if such procured inputs, capable of being utilised in manufacturing process, were to be cleared as such, the law mandates reversal of CENVAT credit availed at the time of receipt; the discharge of duty liability on the value-added clearance of ‘speciality polymers’ is not of lesser amount. The debits in the CENVAT credit account has, undisputedly, been recorded at the time of the removal of ‘speciality polymers.’ - appeal allowed - decided in favor of appellant.
|