https://www.taxtmi.com/caselaws?id=119650 Cenvat credit on inputs sent for job work was not required to be reversed merely because the inputs and semi-finished goods were destroyed in a fire accident and remission of duty on the final goods was granted. The inputs had been removed for manufacture of intermediates under Rule 4(5)(a) of the Cenvat Credit Rules, 2002, so their later destruction did not change their character as inputs issued for use in manufacture. Remission under Rule 21 of the Central Excise Rules, 2002 did not, on these facts, justify denial of credit. The demand for reversal was therefore unsustainable. en-us Wed, 03 May 2006 00:00:00 +0530 Thu, 12 Jul 2012 13:37:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119650 Cenvat credit on inputs sent for job work was not required to be reversed merely because the inputs and semi-finished goods were destroyed in a fire accident and remission of duty on the final goods was granted. The inputs had been removed for manufacture of intermediates under Rule 4(5)(a) of the Cenvat Credit Rules, 2002, so their later destruction did not change their character as inputs issued for use in manufacture. Remission under Rule 21 of the Central Excise Rules, 2002 did not, on these facts, justify denial of credit. The demand for reversal was therefore unsustainable. Case-Laws Central Excise Wed, 03 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119650