Cenvat credit cannot be denied by holding that the activity is not manufacture , when the Department had accepted the Excise duty liability on final products

Cenvat credit cannot be denied by holding that the activity is not manufacture , when the Department had accepted the Excise duty liability on final products https://www.taxtmi.com/article/detailed?id=6035 Cenvat credit is available where inputs undergo a change in character to become a different product and the Department has accepted Excise duty liability on the final products. The tribunal relied on precedents and observed that the classification of inputs and outputs was not disputed, indicating conversion of P.U. foam blocks into P.U. foam sheets; since duty on the final product was discharged and accepted, entitlement to Cenvat credit follows. en-us Sat, 31 Jan 2015 10:16:01 +0530 Sat, 31 Jan 2015 10:16:01 +0530 TaxTMI RSS Generator Cenvat credit cannot be denied by holding that the activity is not manufacture , when the Department had accepted the Excise duty liability on final products https://www.taxtmi.com/article/detailed?id=6035 Cenvat credit is available where inputs undergo a change in character to become a different product and the Department has accepted Excise duty liability on the final products. The tribunal relied on precedents and observed that the classification of inputs and outputs was not disputed, indicating conversion of P.U. foam blocks into P.U. foam sheets; since duty on the final product was discharged and accepted, entitlement to Cenvat credit follows. Articles Central Excise Sat, 31 Jan 2015 10:16:01 +0530 https://www.taxtmi.com/article/detailed?id=6035