https://www.taxtmi.com/caselaws?id=378700 Under the job-work provisions, proportionate MODVAT/CENVAT credit attributable to inputs forming waste and scrap generated at the job worker's premises did not have to be reversed merely because such waste or scrap was not received back. The Tribunal noted that the relevant rules required only the inputs sent for job work to be returned within the prescribed period and did not impose any express condition for return of scrap generated during processing. It also relied on the Board's clarification and the deletion of the earlier scrap-return requirement from the later CENVAT regime. The assessee was therefore not liable to reverse the credit. en-us Thu, 28 Feb 2019 00:00:00 +0530 Sat, 20 Apr 2019 09:29:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378700 Under the job-work provisions, proportionate MODVAT/CENVAT credit attributable to inputs forming waste and scrap generated at the job worker's premises did not have to be reversed merely because such waste or scrap was not received back. The Tribunal noted that the relevant rules required only the inputs sent for job work to be returned within the prescribed period and did not impose any express condition for return of scrap generated during processing. It also relied on the Board's clarification and the deletion of the earlier scrap-return requirement from the later CENVAT regime. The assessee was therefore not liable to reverse the credit. Case-Laws Central Excise Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378700