https://www.taxtmi.com/caselaws?id=246277 The Tribunal held that the appellants were not required to reverse the Cenvat credit on destroyed goods as no remission order was issued. The rejection of their remission application was overturned, emphasizing that without such an order, the obligation to reverse credit did not arise. The Tribunal ruled in favor of the appellants, stating that they were entitled to Cenvat credit when duty is payable on goods destroyed in a fire accident. The demand for Cenvat credit was deemed unsustainable, providing clarity on the interpretation of Cenvat Credit Rules in such circumstances. en-us Fri, 14 Oct 2011 00:00:00 +0530 Sun, 20 Apr 2014 15:47:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246277 The Tribunal held that the appellants were not required to reverse the Cenvat credit on destroyed goods as no remission order was issued. The rejection of their remission application was overturned, emphasizing that without such an order, the obligation to reverse credit did not arise. The Tribunal ruled in favor of the appellants, stating that they were entitled to Cenvat credit when duty is payable on goods destroyed in a fire accident. The demand for Cenvat credit was deemed unsustainable, providing clarity on the interpretation of Cenvat Credit Rules in such circumstances. Case-Laws Central Excise Fri, 14 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246277