https://www.taxtmi.com/caselaws?id=189299 Cenvat credit on inputs used in finished and semi-finished goods destroyed in a fire accident was not required to be reversed where the controversy was treated as covered by binding precedent, including Grasim Industries. The dispute was viewed as one of quantification of the value of the goods lost, not as a basis for appellate interference, and the Revenue failed on that issue. No substantial question of law was found to arise under Section 35G of the Central Excise Act, 1944, so the Revenue's appeals were not maintainable on that ground. The Tribunal's common order was left undisturbed. en-us Tue, 23 Feb 2016 00:00:00 +0530 Thu, 05 Jan 2017 10:43:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189299 Cenvat credit on inputs used in finished and semi-finished goods destroyed in a fire accident was not required to be reversed where the controversy was treated as covered by binding precedent, including Grasim Industries. The dispute was viewed as one of quantification of the value of the goods lost, not as a basis for appellate interference, and the Revenue failed on that issue. No substantial question of law was found to arise under Section 35G of the Central Excise Act, 1944, so the Revenue's appeals were not maintainable on that ground. The Tribunal's common order was left undisturbed. Case-Laws Central Excise Tue, 23 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189299