https://www.taxtmi.com/caselaws?id=3261 The Appellate Tribunal CESTAT, MUMBAI upheld the decision of the Ld. Commissioner (Appeals) regarding the availment of credit on rejected finished goods by the respondent. The Tribunal found that as per Rule 16(2) of the Central Excise Rules 2002, the respondent was entitled to avail credit on duty paid for returned goods not cleared or processed further. Since the rejected goods were not removed from the factory premises or subjected to any manufacturing process, the respondent was not required to reverse the credit availed. The Tribunal rejected the Revenue's appeal due to lack of evidence supporting a contrary decision. en-us Thu, 04 Oct 2007 00:00:00 +0530 Wed, 16 Apr 2008 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3261 The Appellate Tribunal CESTAT, MUMBAI upheld the decision of the Ld. Commissioner (Appeals) regarding the availment of credit on rejected finished goods by the respondent. The Tribunal found that as per Rule 16(2) of the Central Excise Rules 2002, the respondent was entitled to avail credit on duty paid for returned goods not cleared or processed further. Since the rejected goods were not removed from the factory premises or subjected to any manufacturing process, the respondent was not required to reverse the credit availed. The Tribunal rejected the Revenue's appeal due to lack of evidence supporting a contrary decision. Case-Laws Central Excise Thu, 04 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3261