https://www.taxtmi.com/caselaws?id=270365 Rule 16 did not require reversal of CENVAT credit merely because returned duty-paid goods were reprocessed in part and the balance was cleared as scrap on payment of duty; on the stated facts, the credit demand was unsustainable. The cost of dies and moulds also was not required to be separately amortised and added to assessable value where duty had already been discharged on the mould cost recovered from customers, since that would amount to double taxation of the same value. The appellate order was upheld and the revenue appeal failed. en-us Wed, 30 Dec 2015 00:00:00 +0530 Wed, 08 Feb 2017 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270365 Rule 16 did not require reversal of CENVAT credit merely because returned duty-paid goods were reprocessed in part and the balance was cleared as scrap on payment of duty; on the stated facts, the credit demand was unsustainable. The cost of dies and moulds also was not required to be separately amortised and added to assessable value where duty had already been discharged on the mould cost recovered from customers, since that would amount to double taxation of the same value. The appellate order was upheld and the revenue appeal failed. Case-Laws Central Excise Wed, 30 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270365