2015 (3) TMI 32

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er wherein the duty demand has been confirmed for reversal of Cenvat Credit availed on capital goods which was cleared after putting into use. 2. The brief facts of the case are that the appellant is manufacturer of medicaments and procured capital goods and availed Cenvat credit on the value of capital goods as per the invoice issued by the supplier of capital goods. The said capital goods were .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... not required to reverse Cenvat Credit availed on such capital goods. The issue is no more integra in the light of the decision of Cummins India Ltd. (supra). Therefore, I set aside the impugned order holding that the appellant has rightly paid the duty on transaction value. Accordingly, I allow the appeal with consequential relief, if any. (Dictated in Court.)
Case laws, Decisions, Judgement .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X