https://www.taxtmi.com/caselaws?id=387870 Cenvat credit reversal for partially written-off inputs was not required for the relevant period because the applicable Cenvat Credit Rules did not then contain an express reversal provision. Departmental circulars could not, by themselves, create a liability where the governing rules were silent, and the later insertion of Rule 3(5B) showed that such written-off value was brought within the reversal mechanism only from its introduction. Where the inputs remained available in the factory, a mere accounting write-off was insufficient to trigger denial or reversal of credit without statutory backing. en-us Fri, 01 Nov 2019 00:00:00 +0530 Mon, 04 Nov 2019 06:32:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387870 Cenvat credit reversal for partially written-off inputs was not required for the relevant period because the applicable Cenvat Credit Rules did not then contain an express reversal provision. Departmental circulars could not, by themselves, create a liability where the governing rules were silent, and the later insertion of Rule 3(5B) showed that such written-off value was brought within the reversal mechanism only from its introduction. Where the inputs remained available in the factory, a mere accounting write-off was insufficient to trigger denial or reversal of credit without statutory backing. Case-Laws Central Excise Fri, 01 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387870