CENVAT credit non-reversal for wires drawn from wire rods permitted where excise duty is paid on removal and conditions met. Non-reversal of CENVAT credit is permitted where excise duty has been paid on removal of wires drawn from wire rods; the CENVAT credit taken or utilized on inputs, capital goods and input services used in making the final product shall not be required to be reversed, subject to the credit being taken up to the specified cut-off date and provided the assessee does not claim a refund of the excise duty paid.