https://www.taxtmi.com/caselaws?id=181651 CENVAT credit reversal was held unwarranted where the assessee had paid duty on the final products in an amount exceeding the credit availed on inputs, and that factual position was not disputed. The Tribunal applied the principle that credit cannot be denied or reversed on paid-out items used in the factory merely because the process undertaken did not amount to manufacture, when the duty actually paid on the final product was higher than the input credit taken. On that basis, the demand for reversal of CENVAT credit was rejected. en-us Tue, 29 Jan 2008 00:00:00 +0530 Thu, 21 Apr 2016 11:16:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181651 CENVAT credit reversal was held unwarranted where the assessee had paid duty on the final products in an amount exceeding the credit availed on inputs, and that factual position was not disputed. The Tribunal applied the principle that credit cannot be denied or reversed on paid-out items used in the factory merely because the process undertaken did not amount to manufacture, when the duty actually paid on the final product was higher than the input credit taken. On that basis, the demand for reversal of CENVAT credit was rejected. Case-Laws Central Excise Tue, 29 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181651