https://www.taxtmi.com/caselaws?id=349032 The Tribunal allowed the appeal by M/s Classic Stripes Pvt Ltd regarding the availment of CENVAT credit on goods returned and subsequently scrapped. It was held that the denial of CENVAT credit was unwarranted as the scrapping was duly recorded, and proper documentation was maintained, meeting legal requirements. The Tribunal emphasized that scrapping during the manufacturing process should not hinder CENVAT credit availment, setting aside the impugned order and highlighting the importance of a legal basis in such decisions. en-us Wed, 26 Jul 2017 00:00:00 +0530 Wed, 25 Apr 2018 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349032 The Tribunal allowed the appeal by M/s Classic Stripes Pvt Ltd regarding the availment of CENVAT credit on goods returned and subsequently scrapped. It was held that the denial of CENVAT credit was unwarranted as the scrapping was duly recorded, and proper documentation was maintained, meeting legal requirements. The Tribunal emphasized that scrapping during the manufacturing process should not hinder CENVAT credit availment, setting aside the impugned order and highlighting the importance of a legal basis in such decisions. Case-Laws Central Excise Wed, 26 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349032