https://www.taxtmi.com/caselaws?id=257760 Capital goods that have been put to use before removal are not removed "as such" within Rule 3(5) of the Cenvat Credit Rules, 2004. On that interpretation, where machinery had been used in manufacture for several years and was later cleared with reversal of only part of the credit, reversal of the entire Cenvat credit originally taken was not required. The Madras HC affirmed that the expression "removed as such" applies to capital goods removed without prior use, so used capital goods fall outside that provision. en-us Thu, 12 Mar 2015 00:00:00 +0530 Tue, 29 Sep 2015 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257760 Capital goods that have been put to use before removal are not removed "as such" within Rule 3(5) of the Cenvat Credit Rules, 2004. On that interpretation, where machinery had been used in manufacture for several years and was later cleared with reversal of only part of the credit, reversal of the entire Cenvat credit originally taken was not required. The Madras HC affirmed that the expression "removed as such" applies to capital goods removed without prior use, so used capital goods fall outside that provision. Case-Laws Central Excise Thu, 12 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257760