https://www.taxtmi.com/caselaws?id=359335 Where Cenvat credit on duty-paid inputs has already been utilised to discharge duty on finished goods, the same credit is treated as exhausted and cannot be demanded again for reversal simply because the underlying activity is later held not to amount to manufacture. A further reversal would amount to a second recovery of the same credit. The commentary also notes that this approach was accepted by the Gujarat High Court in Creative Enterprises and affirmed by the Supreme Court, supporting the view that the reversal demand is unsustainable on these facts. en-us Tue, 03 Apr 2018 00:00:00 +0530 Fri, 27 Apr 2018 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359335 Where Cenvat credit on duty-paid inputs has already been utilised to discharge duty on finished goods, the same credit is treated as exhausted and cannot be demanded again for reversal simply because the underlying activity is later held not to amount to manufacture. A further reversal would amount to a second recovery of the same credit. The commentary also notes that this approach was accepted by the Gujarat High Court in Creative Enterprises and affirmed by the Supreme Court, supporting the view that the reversal demand is unsustainable on these facts. Case-Laws Central Excise Tue, 03 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359335