https://www.taxtmi.com/caselaws?id=344100 Cenvat credit was held admissible on inputs and packing material exported as such under bond or LUT without reversal of credit. Relying on CBEC manual guidance and Board clarification, the Tribunal accepted that there is no bar on removal of inputs or capital goods as such for export under bond and that such clearances may be made without payment of duty. It also applied the principle that a beneficial Board circular must be given effect to. The denial of credit was therefore unsustainable. en-us Fri, 02 Jun 2017 00:00:00 +0530 Sat, 17 Jun 2017 10:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344100 Cenvat credit was held admissible on inputs and packing material exported as such under bond or LUT without reversal of credit. Relying on CBEC manual guidance and Board clarification, the Tribunal accepted that there is no bar on removal of inputs or capital goods as such for export under bond and that such clearances may be made without payment of duty. It also applied the principle that a beneficial Board circular must be given effect to. The denial of credit was therefore unsustainable. Case-Laws Central Excise Fri, 02 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344100