https://www.taxtmi.com/caselaws?id=438125 The Tribunal upheld the decision to reverse Cenvat Credit equivalent to the duty on the transaction value of the capital goods cleared. The appellant's appeal was dismissed, confirming the reversal done by the appellant in line with previous Tribunal and High Court decisions. The Tribunal emphasized that the extent of use of capital goods should determine the reversal of Cenvat credit, not the full credit originally taken. en-us Wed, 22 Feb 2023 00:00:00 +0530 Tue, 23 May 2023 19:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438125 The Tribunal upheld the decision to reverse Cenvat Credit equivalent to the duty on the transaction value of the capital goods cleared. The appellant's appeal was dismissed, confirming the reversal done by the appellant in line with previous Tribunal and High Court decisions. The Tribunal emphasized that the extent of use of capital goods should determine the reversal of Cenvat credit, not the full credit originally taken. Case-Laws Central Excise Wed, 22 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438125