https://www.taxtmi.com/caselaws?id=382788 Cenvat credit reversal is not required where finished or semi-finished AC pressure pipes received from other manufacturers are processed, tested and cleared on payment of duty in a revenue-neutral situation. The key issue is whether the goods were cleared as received or after processes amounting to manufacture; however, payment of duty on clearance supported retention of credit. The demand for reversal of credit, along with penalty and interest, was unsustainable, and the impugned order was set aside with consequential benefits. en-us Tue, 28 May 2019 00:00:00 +0530 Thu, 11 Jul 2019 06:12:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382788 Cenvat credit reversal is not required where finished or semi-finished AC pressure pipes received from other manufacturers are processed, tested and cleared on payment of duty in a revenue-neutral situation. The key issue is whether the goods were cleared as received or after processes amounting to manufacture; however, payment of duty on clearance supported retention of credit. The demand for reversal of credit, along with penalty and interest, was unsustainable, and the impugned order was set aside with consequential benefits. Case-Laws Central Excise Tue, 28 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382788