https://www.taxtmi.com/caselaws?id=243560 Credit on moulds and dies received for repair was not required to be reversed under Rule 16 of the CENVAT Credit Rules, 2002 because duty had been paid on receipt and the repaired goods were cleared on payment of duty equal to or more than the credit availed. The Tribunal treated the movement as falling within the entitlement recognised by Rule 16, and held that the assessee was not liable to reverse the credit. The denial of credit was therefore set aside in favour of the assessee. en-us Fri, 29 Nov 2013 00:00:00 +0530 Wed, 05 Feb 2014 06:33:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243560 Credit on moulds and dies received for repair was not required to be reversed under Rule 16 of the CENVAT Credit Rules, 2002 because duty had been paid on receipt and the repaired goods were cleared on payment of duty equal to or more than the credit availed. The Tribunal treated the movement as falling within the entitlement recognised by Rule 16, and held that the assessee was not liable to reverse the credit. The denial of credit was therefore set aside in favour of the assessee. Case-Laws Central Excise Fri, 29 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243560