https://www.taxtmi.com/caselaws?id=78526 Cenvat credit on furnace oil used by a job worker in manufacture of goods supplied to a principal manufacturer under Notification No. 214/86-C.E. was held re-creditable after earlier reversal. The Tribunal applied the Larger Bench view that inputs used in relation to job-worked goods are not hit by the exclusion corresponding to Rule 57C, because such goods are not treated as exempted for that purpose and are ultimately dutiable in the hands of the principal manufacturer. The prior reversal did not extinguish the substantive credit entitlement, and the Revenue's objection based on unjust enrichment was not meaningfully pressed. Re-credit was therefore allowed. en-us Tue, 23 Mar 2010 00:00:00 +0530 Wed, 24 Nov 2010 11:35:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78526 Cenvat credit on furnace oil used by a job worker in manufacture of goods supplied to a principal manufacturer under Notification No. 214/86-C.E. was held re-creditable after earlier reversal. The Tribunal applied the Larger Bench view that inputs used in relation to job-worked goods are not hit by the exclusion corresponding to Rule 57C, because such goods are not treated as exempted for that purpose and are ultimately dutiable in the hands of the principal manufacturer. The prior reversal did not extinguish the substantive credit entitlement, and the Revenue's objection based on unjust enrichment was not meaningfully pressed. Re-credit was therefore allowed. Case-Laws Central Excise Tue, 23 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78526