https://www.taxtmi.com/caselaws?id=170951 A job worker was allowed to re-credit Cenvat credit reversed earlier on furnace oil used in job work because the Tribunal applied the Larger Bench ruling, as affirmed in principle by the Supreme Court, that inputs used in manufacturing job-worked goods cleared to the principal manufacturer without duty do not attract the exemption-based credit bar. The Tribunal noted that such clearances are not treated as exempted goods for the relevant Modvat/Cenvat restriction and that the challenge to the Larger Bench view had already failed. On that basis, the credit claim was sustained and the departmental appeal failed. en-us Tue, 23 Mar 2010 00:00:00 +0530 Sat, 04 Jul 2015 10:51:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170951 A job worker was allowed to re-credit Cenvat credit reversed earlier on furnace oil used in job work because the Tribunal applied the Larger Bench ruling, as affirmed in principle by the Supreme Court, that inputs used in manufacturing job-worked goods cleared to the principal manufacturer without duty do not attract the exemption-based credit bar. The Tribunal noted that such clearances are not treated as exempted goods for the relevant Modvat/Cenvat restriction and that the challenge to the Larger Bench view had already failed. On that basis, the credit claim was sustained and the departmental appeal failed. Case-Laws Central Excise Tue, 23 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170951