https://www.taxtmi.com/caselaws?id=265918 The appellant was not liable to reverse the cenvat credit of duty availed on inputs destroyed in a fire during the manufacturing process before reaching the final stage as work in progress. The judge referred to legal precedents and reinstated the original decision, emphasizing that there is no requirement to reverse cenvat credit for inputs destroyed as part of work in progress, even after a law amendment in 2007. The appeal was allowed based on this interpretation, highlighting the significance of legal precedents in determining cenvat credit liability in cases of input destruction during manufacturing. en-us Fri, 29 May 2015 00:00:00 +0530 Fri, 16 Oct 2015 20:52:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265918 The appellant was not liable to reverse the cenvat credit of duty availed on inputs destroyed in a fire during the manufacturing process before reaching the final stage as work in progress. The judge referred to legal precedents and reinstated the original decision, emphasizing that there is no requirement to reverse cenvat credit for inputs destroyed as part of work in progress, even after a law amendment in 2007. The appeal was allowed based on this interpretation, highlighting the significance of legal precedents in determining cenvat credit liability in cases of input destruction during manufacturing. Case-Laws Central Excise Fri, 29 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265918