Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2016 (11) TMI 633 - CESTAT CHANDIGARH

2016 (11) TMI 633 - CESTAT CHANDIGARH - TMI - Whether the excise duty is payable on semi finished goods which was destroyed in the fire broke out in the factory of the appellant or not? - Held that: - Similar issue came up before this Tribunal in the case of M/s Steelbird Hi Tech India Ltd Versus CCE. Delhi-II [2015 (4) TMI 602 - CESTAT NEW DELHI] wherein it was held that appellant has taken Cenvat Credit correctly and there is also no provision in the Cenvat Credit Rules to reverse proportionat .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

L 1. The short issue involved in the matter is that whether the excise duty is payable on semi finished goods which was destroyed in the fire broke out in the factory of the appellant or not? 2. Heard the parties and considered considered the submissions. 3. In Similar issue came up before this Tribunal in the case of Steelbird Hi Tech India Ltd.- 2015 (322) ELT 752 (Tri. Del.) wherein the facts of the case are as under: 2. The facts of the case are that on 24.11.2002, fire broke out in the fact .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

rest. Aggrieved from the said orders appellant is before me. Wherein this Tribunal has examined the issue and observed as under: 7. In this case the following isuses are required to be decided. (a) Whether the appellant is entitled to claim remission of duty on finished goods destroyed in fire or consequently required to pay duty on the value of finished goods or required to reverse the cenvat credit on inputs contained in the finished goods? (b) Whether the appellant is entitled to claim remiss .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version