https://www.taxtmi.com/caselaws?id=212670 Before insertion of Rule 3(5B) on 11.05.2007, Cenvat credit was not required to be reversed merely because inputs were written off as obsolete in the books of account; reversal under Rule 3(5) applied only where the inputs were removed as such from the factory. As the disputed inputs remained physically in stock and were not removed, mere accounting write-off did not trigger reversal for the period in dispute. en-us Thu, 30 Jun 2011 00:00:00 +0530 Thu, 13 Jun 2013 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212670 Before insertion of Rule 3(5B) on 11.05.2007, Cenvat credit was not required to be reversed merely because inputs were written off as obsolete in the books of account; reversal under Rule 3(5) applied only where the inputs were removed as such from the factory. As the disputed inputs remained physically in stock and were not removed, mere accounting write-off did not trigger reversal for the period in dispute. Case-Laws Central Excise Thu, 30 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212670