https://www.taxtmi.com/caselaws?id=244855 The Appellate Tribunal CESTAT MUMBAI ruled in favor of the appellant, setting aside the demand for reversal of credit on capital goods. The decision was based on previous judgments affirming that credit is allowed on reversal of transaction value upon clearance of capital goods after use. The appeal was allowed with consequential relief, and the stay application was disposed of. en-us Mon, 30 Dec 2013 00:00:00 +0530 Tue, 11 Mar 2014 06:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244855 The Appellate Tribunal CESTAT MUMBAI ruled in favor of the appellant, setting aside the demand for reversal of credit on capital goods. The decision was based on previous judgments affirming that credit is allowed on reversal of transaction value upon clearance of capital goods after use. The appeal was allowed with consequential relief, and the stay application was disposed of. Case-Laws Central Excise Mon, 30 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244855