https://www.taxtmi.com/caselaws?id=190494 The Tribunal upheld the Commissioner's decision, dismissing the Revenue's appeal and affirming that the respondent was not required to reverse Cenvat credit on glass bottles and crates used for marketing finished products. The judgment clarified that used bottles and crates were not subject to credit reversal under Rule 3(5) of the Cenvat Credit Rules, 2004, emphasizing the distinction between capital goods and packing material. The Commissioner's order demanding credit repayment, interest, and penalty was set aside, providing clarity on the application of Cenvat credit rules in similar situations. en-us Wed, 29 Jul 2015 00:00:00 +0530 Fri, 17 Feb 2017 07:00:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190494 The Tribunal upheld the Commissioner's decision, dismissing the Revenue's appeal and affirming that the respondent was not required to reverse Cenvat credit on glass bottles and crates used for marketing finished products. The judgment clarified that used bottles and crates were not subject to credit reversal under Rule 3(5) of the Cenvat Credit Rules, 2004, emphasizing the distinction between capital goods and packing material. The Commissioner's order demanding credit repayment, interest, and penalty was set aside, providing clarity on the application of Cenvat credit rules in similar situations. Case-Laws Central Excise Wed, 29 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190494