https://www.taxtmi.com/caselaws?id=335198 The Tribunal upheld the Commissioner's decision to reject the refund claim for CENVAT Credit on destroyed medicines. The Commissioner found the Appellant contravened Rule 21 by not applying for remission of duty, as required by Notification No.33/2007-CE(NT). The circular emphasized that credit on inputs used in finished goods with remitted duty should not be permitted. The Appellant's argument that the notification did not apply to waste pharmaceuticals was dismissed. Compliance with remission rules and reversing CENVAT Credit on destroyed goods in accordance with regulations was deemed essential. en-us Fri, 21 Oct 2016 00:00:00 +0530 Fri, 07 Apr 2017 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335198 The Tribunal upheld the Commissioner's decision to reject the refund claim for CENVAT Credit on destroyed medicines. The Commissioner found the Appellant contravened Rule 21 by not applying for remission of duty, as required by Notification No.33/2007-CE(NT). The circular emphasized that credit on inputs used in finished goods with remitted duty should not be permitted. The Appellant's argument that the notification did not apply to waste pharmaceuticals was dismissed. Compliance with remission rules and reversing CENVAT Credit on destroyed goods in accordance with regulations was deemed essential. Case-Laws Central Excise Fri, 21 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335198