Revenue's Demand to Reverse Credit on Packing Materials of Capital Goods u/r 3(5A) Deemed Unjustified by Authority. https://www.taxtmi.com/highlights?id=3021 Credit on packing materials of capital goods – Revenue demanding reversal for same considering it to be clearance of waste & scrap of capital goods, relying on sub-rule (5A) of Rule 3 of Cenvat Credit Rules, 2004 - Held no - AT en-us Fri, 24 Feb 2012 21:48:32 +0530 Fri, 24 Feb 2012 21:48:32 +0530 TaxTMI RSS Generator Revenue's Demand to Reverse Credit on Packing Materials of Capital Goods u/r 3(5A) Deemed Unjustified by Authority. https://www.taxtmi.com/highlights?id=3021 Credit on packing materials of capital goods – Revenue demanding reversal for same considering it to be clearance of waste & scrap of capital goods, relying on sub-rule (5A) of Rule 3 of Cenvat Credit Rules, 2004 - Held no - AT Highlights Central Excise Fri, 24 Feb 2012 21:48:32 +0530 https://www.taxtmi.com/highlights?id=3021