https://www.taxtmi.com/caselaws?id=234234 When a final product becomes exempt from excise duty, CENVAT credit on inputs used in its manufacture is no longer maintainable, including inputs lying in stock and inputs contained in exempt finished goods, so the credit may be recovered. The recovery mechanism under Section 12 of the Central Excise Act, 1944 incorporates the Customs Act recovery machinery, allowing attachment and auction for excise dues. On that basis, the attachment and auction proceedings were treated as valid, and the challenge to the recovery process failed. en-us Tue, 16 Oct 2012 00:00:00 +0530 Fri, 29 Dec 2017 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234234 When a final product becomes exempt from excise duty, CENVAT credit on inputs used in its manufacture is no longer maintainable, including inputs lying in stock and inputs contained in exempt finished goods, so the credit may be recovered. The recovery mechanism under Section 12 of the Central Excise Act, 1944 incorporates the Customs Act recovery machinery, allowing attachment and auction for excise dues. On that basis, the attachment and auction proceedings were treated as valid, and the challenge to the recovery process failed. Case-Laws Central Excise Tue, 16 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234234