https://www.taxtmi.com/caselaws?id=419878 The Tribunal held that the appellant was not required to reverse the CENVAT credit for provisions made for old and slow-moving inventory under Rule 3(5B) of the CENVAT Credit Rules, 2004, prior to its amendment on 1.3.2011. The demand for reversal of credit was not sustainable as the appellant had not fully written off the value of inputs. The impugned order was set aside, and the appeal was allowed with consequential reliefs. en-us Mon, 21 Mar 2022 00:00:00 +0530 Mon, 10 Oct 2022 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419878 The Tribunal held that the appellant was not required to reverse the CENVAT credit for provisions made for old and slow-moving inventory under Rule 3(5B) of the CENVAT Credit Rules, 2004, prior to its amendment on 1.3.2011. The demand for reversal of credit was not sustainable as the appellant had not fully written off the value of inputs. The impugned order was set aside, and the appeal was allowed with consequential reliefs. Case-Laws Central Excise Mon, 21 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419878