https://www.taxtmi.com/caselaws?id=128089 The Tribunal held that the appellant correctly paid the amount under Rule 3(5)(A) of the Cenvat Credit Rules, 2004, for selling capital goods as scrap. It was determined that the goods were unusable scrap and not still usable as capital goods, rejecting the revenue's demand for the reversal of the entire Cenvat credit. The Tribunal set aside the previous decision, allowing the appeal in favor of the appellant. en-us Thu, 09 Jul 2009 00:00:00 +0530 Thu, 28 Mar 2013 15:25:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128089 The Tribunal held that the appellant correctly paid the amount under Rule 3(5)(A) of the Cenvat Credit Rules, 2004, for selling capital goods as scrap. It was determined that the goods were unusable scrap and not still usable as capital goods, rejecting the revenue's demand for the reversal of the entire Cenvat credit. The Tribunal set aside the previous decision, allowing the appeal in favor of the appellant. Case-Laws Central Excise Thu, 09 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128089