https://www.taxtmi.com/caselaws?id=389828 The Tribunal held that the appellant, a manufacturer of TMT bars, was not entitled to Cenvat credit on TMT bars purchased and sold as final products under the Cenvat Credit Rules, 2004. The Tribunal emphasized that Cenvat credit was not admissible on final products brought into the factory for resale, citing precedents and ruling that Rule 16 of the Central Excise Rules, 2002 did not apply to goods brought in for resale. The appellant's argument of revenue neutrality was rejected, and the appeal was dismissed, affirming the lower authorities' decision to deny Cenvat credit on TMT bars. en-us Thu, 14 Nov 2019 00:00:00 +0530 Wed, 18 Dec 2019 12:12:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389828 The Tribunal held that the appellant, a manufacturer of TMT bars, was not entitled to Cenvat credit on TMT bars purchased and sold as final products under the Cenvat Credit Rules, 2004. The Tribunal emphasized that Cenvat credit was not admissible on final products brought into the factory for resale, citing precedents and ruling that Rule 16 of the Central Excise Rules, 2002 did not apply to goods brought in for resale. The appellant's argument of revenue neutrality was rejected, and the appeal was dismissed, affirming the lower authorities' decision to deny Cenvat credit on TMT bars. Case-Laws Central Excise Thu, 14 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389828