https://www.taxtmi.com/caselaws?id=210274 The appeal by the Revenue challenging the availing of Cenvat credit on inputs for wire drawing was rejected by the Appellate Tribunal CESTAT, DELHI. The Tribunal found that although wire drawing may not constitute manufacture as per a Supreme Court judgment, the duty paid on the final product effectively reversed the Cenvat credit taken. They concluded that disallowing the Cenvat credit was not legally justified, especially considering the duty payment on the final product during the relevant period. As a result, the appeal by the Revenue was dismissed, and the original order in favor of the respondent was upheld. 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 The appeal by the Revenue challenging the availing of Cenvat credit on inputs for wire drawing was rejected by the Appellate Tribunal CESTAT, DELHI. The Tribunal found that although wire drawing may not constitute manufacture as per a Supreme Court judgment, the duty paid on the final product effectively reversed the Cenvat credit taken. They concluded that disallowing the Cenvat credit was not legally justified, especially considering the duty payment on the final product during the relevant period. As a result, the appeal by the Revenue was dismissed, and the original order in favor of the respondent was upheld. Case-Laws Central Excise Thu, 21 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210274