https://www.taxtmi.com/caselaws?id=268085 Job-work clearances made under Notification No. 214/86-CE, where the principal manufacturer assumes the duty liability, are not to be treated as exempted goods for denying CENVAT credit to the job worker. The Tribunal applied the settled ratio in Sterlite Industries, as affirmed by the Bombay High Court, that Rule 6 of the CENVAT Credit Rules, 2004 is not attracted in such a statutory duty-assumption arrangement. On that basis, denial of credit, along with the related demand, interest, and penalty, was held unsustainable, and the assessee's appeal was allowed with consequential relief. en-us Tue, 16 Sep 2014 00:00:00 +0530 Fri, 20 Nov 2015 07:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268085 Job-work clearances made under Notification No. 214/86-CE, where the principal manufacturer assumes the duty liability, are not to be treated as exempted goods for denying CENVAT credit to the job worker. The Tribunal applied the settled ratio in Sterlite Industries, as affirmed by the Bombay High Court, that Rule 6 of the CENVAT Credit Rules, 2004 is not attracted in such a statutory duty-assumption arrangement. On that basis, denial of credit, along with the related demand, interest, and penalty, was held unsustainable, and the assessee's appeal was allowed with consequential relief. Case-Laws Central Excise Tue, 16 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268085