https://www.taxtmi.com/caselaws?id=328760 The Tribunal ruled in favor of the appellant on all issues raised. The appellant was not required to reverse cenvat credit on inputs/components used in written-off finished goods, as goods were cleared on duty payment. Since the appellant had not availed cenvat credit on traded goods, there was no requirement to reverse credit. The appellant was entitled to retain cenvat credit on provisioned but not written-off inputs/components. Show cause notices issued under extended limitation were found time-barred, and Rule 14 of Cenvat Credit Rules, 2004, was deemed inapplicable. The Tribunal set aside the impugned order, allowing the appeal with any consequential relief. en-us Tue, 09 Feb 2016 00:00:00 +0530 Tue, 14 Feb 2017 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328760 The Tribunal ruled in favor of the appellant on all issues raised. The appellant was not required to reverse cenvat credit on inputs/components used in written-off finished goods, as goods were cleared on duty payment. Since the appellant had not availed cenvat credit on traded goods, there was no requirement to reverse credit. The appellant was entitled to retain cenvat credit on provisioned but not written-off inputs/components. Show cause notices issued under extended limitation were found time-barred, and Rule 14 of Cenvat Credit Rules, 2004, was deemed inapplicable. The Tribunal set aside the impugned order, allowing the appeal with any consequential relief. Case-Laws Central Excise Tue, 09 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328760