https://www.taxtmi.com/caselaws?id=170442 Where the duty paid on the final product is not less than the Cenvat credit taken on inputs, the transaction may be treated as revenue neutral and a duty demand is not warranted on those facts. The Tribunal distinguished the Larger Bench ruling relied on by the Revenue, found the assessee had procured the goods and availed credit, and held that no purpose would be served by demanding duty. It treated the matter as on the same footing as the earlier Keetex decision, accepted revenue neutrality, and concluded that denial of credit and the consequential demand were not sustainable. en-us Wed, 08 Sep 2010 00:00:00 +0530 Wed, 27 May 2015 18:32:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170442 Where the duty paid on the final product is not less than the Cenvat credit taken on inputs, the transaction may be treated as revenue neutral and a duty demand is not warranted on those facts. The Tribunal distinguished the Larger Bench ruling relied on by the Revenue, found the assessee had procured the goods and availed credit, and held that no purpose would be served by demanding duty. It treated the matter as on the same footing as the earlier Keetex decision, accepted revenue neutrality, and concluded that denial of credit and the consequential demand were not sustainable. Case-Laws Central Excise Wed, 08 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170442