https://www.taxtmi.com/caselaws?id=120960 When inputs are removed as such under the Cenvat scheme, the amount paid by the manufacturer under Rule 3(4) is treated as creditable under Rule 3(5) as if it were duty paid, and the recipient may take full credit of that amount. Rule 3(6) was held to regulate only the duties specified in Rule 3(1) and not to curtail credit of amounts paid under Rule 3(4). Reassessment of the input value at the recipient's end was also held impermissible. The proposed restriction, together with the related demand, interest and penalty, was therefore unsustainable. en-us Tue, 13 Feb 2007 00:00:00 +0530 Wed, 25 Jul 2012 16:27:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120960 When inputs are removed as such under the Cenvat scheme, the amount paid by the manufacturer under Rule 3(4) is treated as creditable under Rule 3(5) as if it were duty paid, and the recipient may take full credit of that amount. Rule 3(6) was held to regulate only the duties specified in Rule 3(1) and not to curtail credit of amounts paid under Rule 3(4). Reassessment of the input value at the recipient's end was also held impermissible. The proposed restriction, together with the related demand, interest and penalty, was therefore unsustainable. Case-Laws Central Excise Tue, 13 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120960