https://www.taxtmi.com/caselaws?id=338543 The Tribunal upheld the Commissioner (Appeals) decision in favor of the Respondent-assessee, allowing the admissibility of CENVAT credit on plastic wire scrap and denying the denial of credit on the copper portion of inputs. The Tribunal emphasized that duty paid on the final product should be considered as a reversal of ineligible credit on inputs, following established legal precedents. The Revenue's appeals were rejected, and the impugned order denying credit was set aside, as more duty had been paid on the copper waste than the credit sought to be denied. en-us Mon, 30 Jan 2017 00:00:00 +0530 Tue, 21 Feb 2017 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338543 The Tribunal upheld the Commissioner (Appeals) decision in favor of the Respondent-assessee, allowing the admissibility of CENVAT credit on plastic wire scrap and denying the denial of credit on the copper portion of inputs. The Tribunal emphasized that duty paid on the final product should be considered as a reversal of ineligible credit on inputs, following established legal precedents. The Revenue's appeals were rejected, and the impugned order denying credit was set aside, as more duty had been paid on the copper waste than the credit sought to be denied. Case-Laws Central Excise Mon, 30 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338543