https://www.taxtmi.com/caselaws?id=246661 The appellate authority allowed the appeal of the party regarding liability for destroyed capital goods on which CENVAT credit was availed, citing precedents indicating the absence of a provision for demanding CENVAT credit on destroyed capital goods. The Department's appeal to the Karnataka High Court was dismissed based on the High Court's interpretation and precedent in a similar case, affirming the decision in favor of the assessee. en-us Wed, 14 Nov 2012 00:00:00 +0530 Sun, 20 Apr 2014 16:38:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246661 The appellate authority allowed the appeal of the party regarding liability for destroyed capital goods on which CENVAT credit was availed, citing precedents indicating the absence of a provision for demanding CENVAT credit on destroyed capital goods. The Department's appeal to the Karnataka High Court was dismissed based on the High Court's interpretation and precedent in a similar case, affirming the decision in favor of the assessee. Case-Laws Central Excise Wed, 14 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246661