https://www.taxtmi.com/caselaws?id=113027 Removal of inputs as such after availing Cenvat credit requires only reversal of the credit taken, not a fresh assessment or second levy of excise duty. The applicable Cenvat rule was treated as continuing the Modvat scheme, under which the object is to neutralise credit and not to tax goods again after duty has already been discharged on their original clearance. Because the inputs had already suffered duty at the stage of their first removal, central excise law did not permit reassessment merely due to later removal by the credit-taking assessee. Once the credit was restored, no further duty was payable. en-us Fri, 14 May 2004 00:00:00 +0530 Mon, 17 Jun 2024 13:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113027 Removal of inputs as such after availing Cenvat credit requires only reversal of the credit taken, not a fresh assessment or second levy of excise duty. The applicable Cenvat rule was treated as continuing the Modvat scheme, under which the object is to neutralise credit and not to tax goods again after duty has already been discharged on their original clearance. Because the inputs had already suffered duty at the stage of their first removal, central excise law did not permit reassessment merely due to later removal by the credit-taking assessee. Once the credit was restored, no further duty was payable. Case-Laws Central Excise Fri, 14 May 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113027