https://www.taxtmi.com/caselaws?id=123764 Cenvat credit was held admissible on the duty paid on the container used to import capital goods because the container formed part of the assessable value and duty had been paid on that combined value. Used capital goods cleared after about eight years and sold as scrap were not treated as removed "as such"; the reversal rule applies only to removal of capital goods in their original form, not to worn-out machinery discarded after prolonged use. On both issues, the departmental objection failed and credit relief was sustained. en-us Mon, 31 Dec 2007 00:00:00 +0530 Thu, 20 Sep 2012 12:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123764 Cenvat credit was held admissible on the duty paid on the container used to import capital goods because the container formed part of the assessable value and duty had been paid on that combined value. Used capital goods cleared after about eight years and sold as scrap were not treated as removed "as such"; the reversal rule applies only to removal of capital goods in their original form, not to worn-out machinery discarded after prolonged use. On both issues, the departmental objection failed and credit relief was sustained. Case-Laws Central Excise Mon, 31 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123764