https://www.taxtmi.com/caselaws?id=253387 The High Court affirmed the Tribunal's decision, ruling in favor of the appellant regarding the availing of Cenvat credit on raw materials destroyed during the manufacturing process. The Court held that the appellant was justified in retaining the credit as the inputs were destroyed after being used in the production process, rejecting the Revenue's appeal. The Court emphasized that the clause in the Cenvat Credit Rules regarding reversal of credit did not apply in this case, ultimately dismissing the Civil Miscellaneous Appeal with no costs incurred. en-us Wed, 11 Dec 2013 00:00:00 +0530 Sat, 22 Nov 2014 11:57:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253387 The High Court affirmed the Tribunal's decision, ruling in favor of the appellant regarding the availing of Cenvat credit on raw materials destroyed during the manufacturing process. The Court held that the appellant was justified in retaining the credit as the inputs were destroyed after being used in the production process, rejecting the Revenue's appeal. The Court emphasized that the clause in the Cenvat Credit Rules regarding reversal of credit did not apply in this case, ultimately dismissing the Civil Miscellaneous Appeal with no costs incurred. Case-Laws Central Excise Wed, 11 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253387