https://www.taxtmi.com/caselaws?id=253013 The Tribunal held in favor of the appellant, ruling that valuing rejected inputs at a lower rate for stock purposes does not constitute a partial write-off under Rule 3(5B) of CENVAT Credit Rules. The decision emphasized the difference between valuation for accounting purposes and actual write-off in the books of account, ultimately setting aside the impugned order due to a misinterpretation of the rules. en-us Tue, 05 Aug 2014 00:00:00 +0530 Sat, 06 Jun 2015 11:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253013 The Tribunal held in favor of the appellant, ruling that valuing rejected inputs at a lower rate for stock purposes does not constitute a partial write-off under Rule 3(5B) of CENVAT Credit Rules. The decision emphasized the difference between valuation for accounting purposes and actual write-off in the books of account, ultimately setting aside the impugned order due to a misinterpretation of the rules. Case-Laws Central Excise Tue, 05 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253013