https://www.taxtmi.com/caselaws?id=353681 The Tribunal allowed the Revenue's appeal against the dropping of demand for reversal of credit by the Commissioner (Appeals) regarding the transfer of capital goods to a sister unit and subsequent destruction of the machine. The Tribunal found that the respondent failed to return the goods within the stipulated 180 days, and as the situation was not revenue neutral, the appellant should have paid the equivalent credit amount to the Revenue. Consequently, the appeal was allowed, the impugned order was set aside, and the original order was restored. en-us Thu, 28 Dec 2017 00:00:00 +0530 Tue, 13 Feb 2018 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353681 The Tribunal allowed the Revenue's appeal against the dropping of demand for reversal of credit by the Commissioner (Appeals) regarding the transfer of capital goods to a sister unit and subsequent destruction of the machine. The Tribunal found that the respondent failed to return the goods within the stipulated 180 days, and as the situation was not revenue neutral, the appellant should have paid the equivalent credit amount to the Revenue. Consequently, the appeal was allowed, the impugned order was set aside, and the original order was restored. Case-Laws Central Excise Thu, 28 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353681