https://www.taxtmi.com/caselaws?id=3132 Cenvat credit on inputs used to manufacture Polybion Vitamin B Complex Syrup was not deniable merely because the department later questioned the final product's classification or excisability. The assessee had classified the product under Chapter 30 and cleared it on payment of duty, and there was no material to show that it knowingly claimed credit for a product excluded by Chapter Note 4. The controlling principle applied was that Modvat/Cenvat credit is intended to prevent double taxation, so factual duty payment on inputs and duty-paid clearance of the final product support allowance of credit. The demand for reversal was therefore unsustainable. en-us Wed, 19 Sep 2007 00:00:00 +0530 Wed, 16 Apr 2008 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3132 Cenvat credit on inputs used to manufacture Polybion Vitamin B Complex Syrup was not deniable merely because the department later questioned the final product's classification or excisability. The assessee had classified the product under Chapter 30 and cleared it on payment of duty, and there was no material to show that it knowingly claimed credit for a product excluded by Chapter Note 4. The controlling principle applied was that Modvat/Cenvat credit is intended to prevent double taxation, so factual duty payment on inputs and duty-paid clearance of the final product support allowance of credit. The demand for reversal was therefore unsustainable. Case-Laws Central Excise Wed, 19 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3132