https://www.taxtmi.com/caselaws?id=122896 Cenvat credit need not be reversed when fully used capital goods are removed as waste or scrap after exhausting their life. Scrap attracting duty under Section XV of the Central Excise Tariff Act, 1985 is confined to scrap generated from the mechanical working of metals or in the course of manufacture. Waste arising from old machinery or other fully utilised capital goods does not fall within that category, so removal of such items does not trigger reversal of credit. The contrary Tribunal ruling cited by Revenue was treated as factually distinguishable. en-us Wed, 03 Oct 2007 00:00:00 +0530 Tue, 21 Aug 2012 15:22:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122896 Cenvat credit need not be reversed when fully used capital goods are removed as waste or scrap after exhausting their life. Scrap attracting duty under Section XV of the Central Excise Tariff Act, 1985 is confined to scrap generated from the mechanical working of metals or in the course of manufacture. Waste arising from old machinery or other fully utilised capital goods does not fall within that category, so removal of such items does not trigger reversal of credit. The contrary Tribunal ruling cited by Revenue was treated as factually distinguishable. Case-Laws Central Excise Wed, 03 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122896