https://www.taxtmi.com/caselaws?id=213312 Retrospective amendment to Rule 16(3) of the Central Excise Rules, 2002 treated wire drawing units as assessees for the specified period and deemed the amount paid on clearance of drawn wire as duty available for buyer credit. A Section 5B notification applied only to wires drawn from wire rods under Chapter 72, while the Board circular clarified that the amendment regularised credit at the input, drawn-wire and downstream buyer stages. Cenvat credit was therefore available in principle, but only if the wire manufacturers had not obtained refund of the duty paid. The matter was remanded for de novo adjudication to verify whether any refund had been claimed or taken. en-us Mon, 04 Jul 2011 00:00:00 +0530 Tue, 28 May 2013 16:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213312 Retrospective amendment to Rule 16(3) of the Central Excise Rules, 2002 treated wire drawing units as assessees for the specified period and deemed the amount paid on clearance of drawn wire as duty available for buyer credit. A Section 5B notification applied only to wires drawn from wire rods under Chapter 72, while the Board circular clarified that the amendment regularised credit at the input, drawn-wire and downstream buyer stages. Cenvat credit was therefore available in principle, but only if the wire manufacturers had not obtained refund of the duty paid. The matter was remanded for de novo adjudication to verify whether any refund had been claimed or taken. Case-Laws Central Excise Mon, 04 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213312