https://www.taxtmi.com/caselaws?id=382788 Cenvat credit reversal is not required where finished or semi-finished AC pressure pipes are received, processed or tested, and then cleared on payment of duty in a revenue-neutral situation. The note emphasises that the decisive question is whether the goods were cleared as such or whether the operations undertaken amounted to manufacture; on the stated facts, the Tribunal treated the clearances as covered by settled precedent and held that reversal was unnecessary. It further records that the demand, penalty and interest were unsustainable and the impugned order was set aside. 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 are received, processed or tested, and then cleared on payment of duty in a revenue-neutral situation. The note emphasises that the decisive question is whether the goods were cleared as such or whether the operations undertaken amounted to manufacture; on the stated facts, the Tribunal treated the clearances as covered by settled precedent and held that reversal was unnecessary. It further records that the demand, penalty and interest were unsustainable and the impugned order was set aside. Case-Laws Central Excise Tue, 28 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382788