https://www.taxtmi.com/caselaws?id=212206 The Tribunal ruled in favor of the assessee in a case challenging the reversal of cenvat credit for destroyed goods claimed under insurance. The Tribunal held that there was no legal provision allowing the Excise Authorities to reverse the cenvat credit in such circumstances. It dismissed the revenue's argument of double benefit and granted relief to the assessee, affirming the legitimacy of the cenvat credit availed and used for duty payment on final products. en-us Mon, 11 Apr 2011 00:00:00 +0530 Thu, 23 Aug 2012 11:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212206 The Tribunal ruled in favor of the assessee in a case challenging the reversal of cenvat credit for destroyed goods claimed under insurance. The Tribunal held that there was no legal provision allowing the Excise Authorities to reverse the cenvat credit in such circumstances. It dismissed the revenue's argument of double benefit and granted relief to the assessee, affirming the legitimacy of the cenvat credit availed and used for duty payment on final products. Case-Laws Central Excise Mon, 11 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212206