https://www.taxtmi.com/caselaws?id=264854 Credit wrongly reversed on furnace oil used in job-work clearances under Notification No. 214/1986-C.E. could be re-credited, because the Tribunal treated the request as restoration of wrongly reversed credit rather than suo motu availment governed by the Larger Bench ruling relied on by the Revenue. The denial on the ground that the inputs were ineligible for credit and that no refund claim under Section 11B had been filed was unsustainable, especially where the assessee's earlier identical case had already been decided in its favour. The job-work exemption framework supported entitlement to re-credit, and the adverse order was set aside. en-us Wed, 07 Jan 2015 00:00:00 +0530 Sun, 04 Oct 2015 12:34:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264854 Credit wrongly reversed on furnace oil used in job-work clearances under Notification No. 214/1986-C.E. could be re-credited, because the Tribunal treated the request as restoration of wrongly reversed credit rather than suo motu availment governed by the Larger Bench ruling relied on by the Revenue. The denial on the ground that the inputs were ineligible for credit and that no refund claim under Section 11B had been filed was unsustainable, especially where the assessee's earlier identical case had already been decided in its favour. The job-work exemption framework supported entitlement to re-credit, and the adverse order was set aside. Case-Laws Central Excise Wed, 07 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264854