2018 (8) TMI 1277

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..... uld follow - This Court in case of Commissioner v. Ashima Dyecot Ltd [2008 (9) TMI 87 - HIGH COURT GUJARAT] has observed that reversal of credit amounts to non-availment - tax appeal dismissed. - R/TAX APPEAL NO. 627 of 2018 With R/TAX APPEAL NO. 629 of 2018 - - - Dated:- 14-6-2018 - MR. AKIL KURESHI AND MR. B.N. KARIA, JJ. For The Petitioner : Mr Nirzar Desai (2058) ORAL ORDER .....

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..... hat the assessee is a manufacturer of ceramic products. These are byproducts and is called body clay powder which envisages nil rate of duty. The assessee did not maintain separate accounts and initially availed cenvat credit on the exempt product also. However, subsequently, it appears that such credit so availed was reversed with interest. The department however still objected to such procedure. .....

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