https://www.taxtmi.com/caselaws?id=209883 Cenvat credit on imported capital goods need not be reversed when the goods are exported under bond for repairs and later re-imported. The Tribunal applied Rule 6(6) of the Cenvat Credit Rules, 2004 to such export clearances and relied on the Board circular dated 29.08.2000 to hold that sending the goods abroad for repair did not justify reversal of credit. On that basis, the demand, interest and penalty were unsustainable. en-us Wed, 04 May 2011 00:00:00 +0530 Tue, 09 Jul 2013 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209883 Cenvat credit on imported capital goods need not be reversed when the goods are exported under bond for repairs and later re-imported. The Tribunal applied Rule 6(6) of the Cenvat Credit Rules, 2004 to such export clearances and relied on the Board circular dated 29.08.2000 to hold that sending the goods abroad for repair did not justify reversal of credit. On that basis, the demand, interest and penalty were unsustainable. Case-Laws Central Excise Wed, 04 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209883