https://www.taxtmi.com/caselaws?id=175973 Cenvat credit on inputs used in job work for others need not be reversed where the finished goods are cleared on payment of duty. The Tribunal treated the issue as settled by prior decisions, including Larger Bench reasoning in Sterlite Industries and Supreme Court-based authority followed in connected matters, and noted that similar demands against the same assessee had already been dropped. It also recorded that the Revenue's challenge had been weakened by the High Court's refusal to depart from Escorts Limited. On that basis, the assessee was held entitled to retain the credit and the Revenue's appeal failed. en-us Tue, 28 Apr 2009 00:00:00 +0530 Mon, 24 Jul 2017 13:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175973 Cenvat credit on inputs used in job work for others need not be reversed where the finished goods are cleared on payment of duty. The Tribunal treated the issue as settled by prior decisions, including Larger Bench reasoning in Sterlite Industries and Supreme Court-based authority followed in connected matters, and noted that similar demands against the same assessee had already been dropped. It also recorded that the Revenue's challenge had been weakened by the High Court's refusal to depart from Escorts Limited. On that basis, the assessee was held entitled to retain the credit and the Revenue's appeal failed. Case-Laws Central Excise Tue, 28 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175973