https://www.taxtmi.com/caselaws?id=77858 CENVAT credit was not required to be reversed where inputs were sent to job workers under Rule 4(5) of the CENVAT Credit Rules, 2004 and the processed goods were returned within the permitted framework. The Tribunal noted that reversal is attracted only if the goods are not received back within the stipulated time, and the record did not show diversion or non-return. It also held that job workers were not compelled to claim exemption under Notification No. 214/86 and could pay duty on the finished goods. As duty was actually paid and taken as credit, and no real revenue loss or dual benefit was shown, the demand for reversal was unsustainable. en-us Thu, 07 Jan 2010 00:00:00 +0530 Sat, 16 Oct 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77858 CENVAT credit was not required to be reversed where inputs were sent to job workers under Rule 4(5) of the CENVAT Credit Rules, 2004 and the processed goods were returned within the permitted framework. The Tribunal noted that reversal is attracted only if the goods are not received back within the stipulated time, and the record did not show diversion or non-return. It also held that job workers were not compelled to claim exemption under Notification No. 214/86 and could pay duty on the finished goods. As duty was actually paid and taken as credit, and no real revenue loss or dual benefit was shown, the demand for reversal was unsustainable. Case-Laws Central Excise Thu, 07 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77858