https://www.taxtmi.com/caselaws?id=337523 CENVAT credit on inputs could not be denied merely because their value was written off in the assessee's books, where the record showed that the inputs were actually received and used in manufacture. The write-off was treated as relating only to amounts payable to suppliers and not as evidence of destruction, non-use, or unusability of the inputs. As no finding was recorded that the inputs were not received or not consumed in the manufacturing process, the statutory condition for credit remained satisfied and denial of credit was unsustainable. en-us Wed, 28 Dec 2016 00:00:00 +0530 Wed, 08 Feb 2017 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337523 CENVAT credit on inputs could not be denied merely because their value was written off in the assessee's books, where the record showed that the inputs were actually received and used in manufacture. The write-off was treated as relating only to amounts payable to suppliers and not as evidence of destruction, non-use, or unusability of the inputs. As no finding was recorded that the inputs were not received or not consumed in the manufacturing process, the statutory condition for credit remained satisfied and denial of credit was unsustainable. Case-Laws Central Excise Wed, 28 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337523