https://www.taxtmi.com/caselaws?id=343777 The Tribunal set aside the Order-in-Appeal and allowed the appeal, relying on the precedent set by the Hon'ble Gujarat High Court. The judgment emphasized the necessity of specific statutory provisions for the recovery of CENVAT credit on inputs written-off before the amendment of the CENVAT Credit Rules. The Court highlighted that Circulars issued by the CBEC could not create liabilities not existing under the rules, and enforcement of credit reversal required statutory backing. en-us Fri, 26 May 2017 00:00:00 +0530 Wed, 14 Jun 2017 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343777 The Tribunal set aside the Order-in-Appeal and allowed the appeal, relying on the precedent set by the Hon'ble Gujarat High Court. The judgment emphasized the necessity of specific statutory provisions for the recovery of CENVAT credit on inputs written-off before the amendment of the CENVAT Credit Rules. The Court highlighted that Circulars issued by the CBEC could not create liabilities not existing under the rules, and enforcement of credit reversal required statutory backing. Case-Laws Central Excise Fri, 26 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343777