https://www.taxtmi.com/caselaws?id=210473 Cenvat credit under Rule 57-R depended on proof that depreciation earlier claimed under the Income-tax Act had been reversed. The authorities found no documentary evidence supporting that reversal, so the claimed benefit could not be sustained on the existing record. Because the relevant material had not been properly examined, the matter was sent back for fresh consideration by the adjudicating authority, with both sides to be given a reasonable opportunity to place records and be heard. The impugned order was set aside and the case remanded for a new decision on the evidence. en-us Tue, 16 Aug 2011 00:00:00 +0530 Sat, 14 Jan 2012 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210473 Cenvat credit under Rule 57-R depended on proof that depreciation earlier claimed under the Income-tax Act had been reversed. The authorities found no documentary evidence supporting that reversal, so the claimed benefit could not be sustained on the existing record. Because the relevant material had not been properly examined, the matter was sent back for fresh consideration by the adjudicating authority, with both sides to be given a reasonable opportunity to place records and be heard. The impugned order was set aside and the case remanded for a new decision on the evidence. Case-Laws Central Excise Tue, 16 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210473