https://www.taxtmi.com/caselaws?id=244675 Where inputs or capital goods are cleared as such after credit has been taken, compliance is achieved by reversing the credit under Rule 57AB of the Central Excise Rules, 1944. The Tribunal followed settled Larger Bench and earlier decisions to hold that duty cannot be demanded on a deemed manufacture theory when the goods are removed in the same form after credit reversal. The demand and interest were therefore not sustainable, and the impugned order was set aside. en-us Wed, 30 Nov 2011 00:00:00 +0530 Wed, 05 Mar 2014 16:43:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244675 Where inputs or capital goods are cleared as such after credit has been taken, compliance is achieved by reversing the credit under Rule 57AB of the Central Excise Rules, 1944. The Tribunal followed settled Larger Bench and earlier decisions to hold that duty cannot be demanded on a deemed manufacture theory when the goods are removed in the same form after credit reversal. The demand and interest were therefore not sustainable, and the impugned order was set aside. Case-Laws Central Excise Wed, 30 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244675