https://www.taxtmi.com/caselaws?id=353957 The appellant, a manufacturer of washing machines and colour T.V., availed cenvat credit on moulds and dies sent to a job worker. The Revenue demanded duty for the period 2009-2011, contending that re-credit of duty on the moulds and dies should be at a depreciated value. However, the appellant argued entitlement to full re-credit under the Cenvat Credit Rules, 2004. The Tribunal ruled in favor of the appellant, stating that availing credit on moulds and dies sent to a job worker was permissible, and the demand for duty and denial of credit based on depreciated value were unjustified. The appeal was allowed in favor of the appellant. en-us Fri, 24 Nov 2017 00:00:00 +0530 Tue, 16 Jan 2018 09:23:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353957 The appellant, a manufacturer of washing machines and colour T.V., availed cenvat credit on moulds and dies sent to a job worker. The Revenue demanded duty for the period 2009-2011, contending that re-credit of duty on the moulds and dies should be at a depreciated value. However, the appellant argued entitlement to full re-credit under the Cenvat Credit Rules, 2004. The Tribunal ruled in favor of the appellant, stating that availing credit on moulds and dies sent to a job worker was permissible, and the demand for duty and denial of credit based on depreciated value were unjustified. The appeal was allowed in favor of the appellant. Case-Laws Central Excise Fri, 24 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353957