https://www.taxtmi.com/caselaws?id=387547 A Board circular clarifying Cenvat credit for a 100% EOU was treated as declaratory of the existing law, so entitlement to credit could not be denied merely because the circular was issued later. The denial was also unsustainable because the lower authorities had not verified whether the disputed inputs were duly reflected in the assessee's books and excise records. The order was set aside and the matter remanded for fresh adjudication after factual verification of the relevant records. en-us Fri, 12 Jul 2019 00:00:00 +0530 Fri, 25 Oct 2019 08:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387547 A Board circular clarifying Cenvat credit for a 100% EOU was treated as declaratory of the existing law, so entitlement to credit could not be denied merely because the circular was issued later. The denial was also unsustainable because the lower authorities had not verified whether the disputed inputs were duly reflected in the assessee's books and excise records. The order was set aside and the matter remanded for fresh adjudication after factual verification of the relevant records. Case-Laws Central Excise Fri, 12 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387547