https://www.taxtmi.com/caselaws?id=263625 Rule 9A of the CENVAT Credit Rules, 2002 entitled a textile manufacturer to credit of duty paid on inputs used in the manufacture of finished goods, and the phrase "inputs of such finished product" had to be read in the context of the actual manufacturing process. Because unavoidable manufacturing loss is inherent in textile production, credit could not be restricted to the physical weight of the finished fabric alone. Where the department did not dispute the claimed loss, the rule did not justify denying credit on the lost portion of inputs. The assessee was therefore entitled to CENVAT credit on the total quantity and value of inputs that went into making the fabric. en-us Thu, 13 Aug 2015 00:00:00 +0530 Mon, 04 Jan 2016 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263625 Rule 9A of the CENVAT Credit Rules, 2002 entitled a textile manufacturer to credit of duty paid on inputs used in the manufacture of finished goods, and the phrase "inputs of such finished product" had to be read in the context of the actual manufacturing process. Because unavoidable manufacturing loss is inherent in textile production, credit could not be restricted to the physical weight of the finished fabric alone. Where the department did not dispute the claimed loss, the rule did not justify denying credit on the lost portion of inputs. The assessee was therefore entitled to CENVAT credit on the total quantity and value of inputs that went into making the fabric. Case-Laws Central Excise Thu, 13 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263625