https://www.taxtmi.com/caselaws?id=257096 The Tribunal allowed the appeal, setting aside the duty demand for reversing Cenvat Credit on capital goods cleared after use. Citing a precedent from a High Court case, the Tribunal held that when capital goods are sold at a transaction value after use, duty should be paid based on that value without reversing the initially availed Cenvat Credit. The decision ensures consistency in excise duty obligations and credit utilization practices for similar cases involving the sale of capital goods post-use. en-us Fri, 17 Oct 2014 00:00:00 +0530 Mon, 05 Jan 2015 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257096 The Tribunal allowed the appeal, setting aside the duty demand for reversing Cenvat Credit on capital goods cleared after use. Citing a precedent from a High Court case, the Tribunal held that when capital goods are sold at a transaction value after use, duty should be paid based on that value without reversing the initially availed Cenvat Credit. The decision ensures consistency in excise duty obligations and credit utilization practices for similar cases involving the sale of capital goods post-use. Case-Laws Central Excise Fri, 17 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257096