https://www.taxtmi.com/caselaws?id=351116 Reversal of Cenvat credit on capital goods removed after use had to be re-examined in light of the binding Larger Bench ruling and the evolving rule position, including the later amendment allowing reduction for used capital goods and the supporting Board circular. Because the relevant Larger Bench decision had not been before the lower appellate authority, its order could not stand without applying that clarified legal position. The dispute was therefore remanded for fresh consideration of all connected issues in accordance with the governing principle. en-us Wed, 15 Nov 2017 00:00:00 +0530 Mon, 08 Jan 2018 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351116 Reversal of Cenvat credit on capital goods removed after use had to be re-examined in light of the binding Larger Bench ruling and the evolving rule position, including the later amendment allowing reduction for used capital goods and the supporting Board circular. Because the relevant Larger Bench decision had not been before the lower appellate authority, its order could not stand without applying that clarified legal position. The dispute was therefore remanded for fresh consideration of all connected issues in accordance with the governing principle. Case-Laws Central Excise Wed, 15 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351116