https://www.taxtmi.com/caselaws?id=430369 Rule 4(5)(a) of the Cenvat Credit Rules, 2004 requires inputs sent for job work to be received back within the prescribed time, but it does not require waste and scrap generated at the job-worker's premises to be returned to the principal manufacturer. The later rule omitted the express waste-and-scrap stipulation that appeared in Rule 57F of the Central Excise Rules, 1944, and the settled position is that such scrap cannot be treated as dutiable in the hands of the principal manufacturer merely because it is not brought back. Accordingly, reversal of Cenvat credit is not warranted on that basis. en-us Thu, 17 Nov 2022 00:00:00 +0530 Fri, 18 Nov 2022 10:33:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430369 Rule 4(5)(a) of the Cenvat Credit Rules, 2004 requires inputs sent for job work to be received back within the prescribed time, but it does not require waste and scrap generated at the job-worker's premises to be returned to the principal manufacturer. The later rule omitted the express waste-and-scrap stipulation that appeared in Rule 57F of the Central Excise Rules, 1944, and the settled position is that such scrap cannot be treated as dutiable in the hands of the principal manufacturer merely because it is not brought back. Accordingly, reversal of Cenvat credit is not warranted on that basis. Case-Laws Central Excise Thu, 17 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430369