https://www.taxtmi.com/caselaws?id=221662 Cenvat credit demand was considered unsustainable where the goods were cleared on payment of central excise duty and the duty paid on clearance exceeded the credit originally availed, making the dispute revenue neutral. The Tribunal's earlier reasoning treated duty paid on such clearances, even where the activity was regarded as non-manufacture, as effecting reversal of the entire Cenvat credit. On that basis, denial of credit did not survive because no effective revenue loss remained. The issue was therefore resolved in favour of the assessee. en-us Tue, 04 Sep 2012 00:00:00 +0530 Sat, 23 Mar 2013 23:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221662 Cenvat credit demand was considered unsustainable where the goods were cleared on payment of central excise duty and the duty paid on clearance exceeded the credit originally availed, making the dispute revenue neutral. The Tribunal's earlier reasoning treated duty paid on such clearances, even where the activity was regarded as non-manufacture, as effecting reversal of the entire Cenvat credit. On that basis, denial of credit did not survive because no effective revenue loss remained. The issue was therefore resolved in favour of the assessee. Case-Laws Central Excise Tue, 04 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221662