https://www.taxtmi.com/caselaws?id=124357 The Tribunal upheld the Commissioner's decision that no recovery or reversal of Modvat credit/Cenvat credit was necessary for inputs written off in the books of accounts, as long as the inputs remained in the factory premises and there was no evidence of duty evasion. The Tribunal cited previous decisions and a Board's Circular in support, ultimately dismissing the Revenue's appeal. en-us Mon, 15 Oct 2007 00:00:00 +0530 Fri, 28 Sep 2012 13:02:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124357 The Tribunal upheld the Commissioner's decision that no recovery or reversal of Modvat credit/Cenvat credit was necessary for inputs written off in the books of accounts, as long as the inputs remained in the factory premises and there was no evidence of duty evasion. The Tribunal cited previous decisions and a Board's Circular in support, ultimately dismissing the Revenue's appeal. Case-Laws Central Excise Mon, 15 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124357