https://www.taxtmi.com/caselaws?id=210274 Cenvat credit on inputs used in wire drawing was held not to be disallowable where the final product had been cleared on payment of appropriate duty during the relevant period. The Tribunal followed its earlier view in Venus Wire Industries and the Board's circular dated 26.7.2006, which recognised regularisation of credits and the effect of the retrospective amendment for wire drawing units. On that basis, the proposed disallowance of credit was found unsustainable, and the Revenue's challenge failed. en-us Thu, 21 Jul 2011 00:00:00 +0530 Thu, 22 Nov 2012 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210274 Cenvat credit on inputs used in wire drawing was held not to be disallowable where the final product had been cleared on payment of appropriate duty during the relevant period. The Tribunal followed its earlier view in Venus Wire Industries and the Board's circular dated 26.7.2006, which recognised regularisation of credits and the effect of the retrospective amendment for wire drawing units. On that basis, the proposed disallowance of credit was found unsustainable, and the Revenue's challenge failed. Case-Laws Central Excise Thu, 21 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210274