https://www.taxtmi.com/caselaws?id=336190 The Appellate Tribunal upheld the Commissioner's decision regarding the admissibility of cenvat credit on goods received and cleared after adding overhead. The Tribunal found that the duty paid exceeded the cenvat credit utilized, and the appellant did not misuse the credit, deeming the duty payment as a reversal of credit. Citing relevant case law, the Tribunal dismissed the Revenue's appeal, emphasizing revenue neutrality in cases where the process does not amount to manufacture, ensuring proper utilization of cenvat credit and duty payment compliance. en-us Wed, 07 Dec 2016 00:00:00 +0530 Thu, 05 Jan 2017 11:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336190 The Appellate Tribunal upheld the Commissioner's decision regarding the admissibility of cenvat credit on goods received and cleared after adding overhead. The Tribunal found that the duty paid exceeded the cenvat credit utilized, and the appellant did not misuse the credit, deeming the duty payment as a reversal of credit. Citing relevant case law, the Tribunal dismissed the Revenue's appeal, emphasizing revenue neutrality in cases where the process does not amount to manufacture, ensuring proper utilization of cenvat credit and duty payment compliance. Case-Laws Central Excise Wed, 07 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336190