https://www.taxtmi.com/caselaws?id=209835 The Tribunal rejected the Revenue's appeal and upheld the Commissioner (Appeals) decision, affirming the proper clearance of used capital goods and the validity of the show cause notice. The case clarified that the reversal of cenvat credit applies only when capital goods are removed without being put to use, supporting the company's clearance of the kilns at a depreciated value. Additionally, the Tribunal found the Revenue's concerns on the show cause notice to be unsustainable due to the department's awareness of the clearance and duty payment, ruling in favor of the assessee. en-us Mon, 11 Apr 2011 00:00:00 +0530 Wed, 10 Jul 2013 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209835 The Tribunal rejected the Revenue's appeal and upheld the Commissioner (Appeals) decision, affirming the proper clearance of used capital goods and the validity of the show cause notice. The case clarified that the reversal of cenvat credit applies only when capital goods are removed without being put to use, supporting the company's clearance of the kilns at a depreciated value. Additionally, the Tribunal found the Revenue's concerns on the show cause notice to be unsustainable due to the department's awareness of the clearance and duty payment, ruling in favor of the assessee. Case-Laws Central Excise Mon, 11 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209835