2015 (10) TMI 1193

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..... the final stage i.e. as work in progress - Held that:- The law is no more res integra and identical situation was considered by the Hon'ble Madras High Court in the case of Commissioner of Central Excise, Chennai-IV Vs. Fenner India Ltd. [2014 (11) TMI 704 - MADRAS HIGH COURT] and it was held that there is no requirement of reversal of cenvat credit in respect of inputs destroyed as contained in .....

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..... evenue's stand is that the appellant should have reversed the credit. 2. It is seen that the proceedings initiated against the appellant were originally dropped by the Additional Commissioner but on an appeal by the Revenue, Commissioner (Appeals) reversed the same. 3. The law is no more res integra and identical situation was considered by the Hon'ble Madras High Court in the case o .....

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