TMI Blog2013 (7) TMI 371X X X X Extracts X X X X X X X X Extracts X X X X ..... eld that although the activity undertaken by the appellant does not amount to manufacture but when they have cleared their finished product on payment of duty, the same may be treated as reversal of Cenvat Credit availed on inputs - Assessee are not required to reverse the Cenvat Credit as they have already paid duty on their clearances. In favor of Assessee. Extended period of limitation – Hel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... they applied for the registration in the month of August, 2006. On their application a query was raised by the jurisdictional Dy. Commissioner of Central Excise, the same was replied and after visit of the factory of the appellant of the premises by the concerned officer and understanding the activity undertaken by the appellant, the registration was granted and after granting the registration th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eking registration. 5. Considering the submission made by both the sides, we find that after explaining the process is to be undertaken by the appellant, the registration was granted and appellant was procuring inputs on payment of duty and credit of the same has been taken by them. After doing process, the appellants are clearing the goods on payment of duty. During the period October, 2006 to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re but when they have cleared their finished product on payment of duty, the same may be treated as reversal of Cenvat Credit availed on inputs. 6. With this observation we hold that appellants are not required to reverse the Cenvat Credit as they have already paid duty on their clearances and also hold that the appellants are having a strong case of limitation also. Therefore, we set aside the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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