https://www.taxtmi.com/caselaws?id=246446 Duty paid on clearance of re-conditioned imported machines was treated as substantive reversal of the Cenvat credit earlier availed, because the duty paid exceeded the credit taken. Applying revenue neutrality, the Tribunal held that a separate demand for reversal of the same credit was not sustainable where the duty discharged on clearance equalled or exceeded the credit availed. The result was that the reversal demand failed and the assessee's position was upheld. en-us Fri, 20 Apr 2012 00:00:00 +0530 Sun, 20 Apr 2014 16:22:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246446 Duty paid on clearance of re-conditioned imported machines was treated as substantive reversal of the Cenvat credit earlier availed, because the duty paid exceeded the credit taken. Applying revenue neutrality, the Tribunal held that a separate demand for reversal of the same credit was not sustainable where the duty discharged on clearance equalled or exceeded the credit availed. The result was that the reversal demand failed and the assessee's position was upheld. Case-Laws Central Excise Fri, 20 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246446