https://www.taxtmi.com/caselaws?id=245263 The Tribunal held that the appellant, engaged in manufacturing manmade yarn, was not obligated to reverse the Cenvat credit availed for destroyed inputs in fire accidents. The destroyed fiber was deemed to be in process based on factual examination, supported by the appellant's claim for dying and processing charges. The impugned order confirming the Cenvat credit demand, interest, and penalty was set aside, granting relief to the appellant. en-us Tue, 18 Mar 2014 00:00:00 +0530 Mon, 08 Feb 2016 10:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245263 The Tribunal held that the appellant, engaged in manufacturing manmade yarn, was not obligated to reverse the Cenvat credit availed for destroyed inputs in fire accidents. The destroyed fiber was deemed to be in process based on factual examination, supported by the appellant's claim for dying and processing charges. The impugned order confirming the Cenvat credit demand, interest, and penalty was set aside, granting relief to the appellant. Case-Laws Central Excise Tue, 18 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245263