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C.C.E. & Cus., Raipur Versus Cosmos Ispat Pvt. Ltd.

2017 (1) TMI 149 - CESTAT NEW DELHI

CENVAT credit - MS angle, flat etc - The assessee availed cenvat credit items which are similar to the final products manufactured by them - Held that: - It is a fact that the entire cenvat credit availed by the assessee already stands reversed at th .....

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.55442/2016 - Dated:- 29-11-2016 - Mr. Justice (Dr.) Satish Chandra, President and Mr. V. Padmanabhan, Technical Member Present Shri Yogesh Agarwal, A.R. for the appellant-Revenue None for the respondent [written submission] ORDER The present appeal .....

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edit on input and capital goods under the provisions of Cenvat Credit Rules. The dispute is regarding the cenvat credit as availed by the assessee on certain goods such as MS angle, flat etc. After availing cenvat credit, thee goods were cleared as s .....

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cenvat credit which stands confirmed by the original authority along with recovery of interest as well as imposition of penalty. When the issue was agitated in appeal , the Commissioner (Appeals) set aside the order. Revenue is in appeal with the pr .....

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ious items such as MS angles, channels, flats, etc. which are similar to the final products manufactured by them. Revenue is of the view that the same products which are in the nature of final product cannot be considered as input and hence the cenva .....

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n the impugned order has set aside the demand by observing as follows 5.4 Most important fact I find in the present case that appellant had taken cenvat credit of ₹ 16,46,897/- on MS angle, MS channel, MS flat etc. in the year 2005-06 and 2006 .....

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e manufacturer of the final products shall pay an amount equal to the credit availed in respect of such inputs and such removal shall be made under the cover of an invoice referred to in Rule 9, which the appellant has observed in the present case.Th .....

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