https://www.taxtmi.com/caselaws?id=213092 Excess duty paid on job-work clearances because of departmental loading for notional profit and higher shrinkage had to be adjusted against any alleged short levy on the same transactions, so the demand required recomputation. Denial of the entire deemed CENVAT credit for domestic clearances was unsustainable where the alleged suppression related only to some invoices, and credit had to be recalculated only for the clearances linked to any surviving short payment. The same invoice-wise and valuation-based approach applied to export clearances, so that issue also required fresh computation. The matter was remitted for redetermination after allowing evidence and necessary adjustments. en-us Wed, 27 Jul 2011 00:00:00 +0530 Tue, 04 Sep 2012 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213092 Excess duty paid on job-work clearances because of departmental loading for notional profit and higher shrinkage had to be adjusted against any alleged short levy on the same transactions, so the demand required recomputation. Denial of the entire deemed CENVAT credit for domestic clearances was unsustainable where the alleged suppression related only to some invoices, and credit had to be recalculated only for the clearances linked to any surviving short payment. The same invoice-wise and valuation-based approach applied to export clearances, so that issue also required fresh computation. The matter was remitted for redetermination after allowing evidence and necessary adjustments. Case-Laws Central Excise Wed, 27 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213092