https://www.taxtmi.com/caselaws?id=441621 Where final goods are cleared on payment of excise duty, Cenvat credit on imported or locally procured inputs used in their manufacture cannot be reversed merely because the Department later disputes the intermediary process as not amounting to manufacture. The accepted duty payment on the finished goods was the ative factor, and the fact that duty paid on clearance exceeded the credit availed further showed no recoverable irregularity. The demand for reversal of credit was therefore unsustainable and relief was granted to the assessee. en-us Mon, 15 May 2023 00:00:00 +0530 Fri, 11 Aug 2023 10:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441621 Where final goods are cleared on payment of excise duty, Cenvat credit on imported or locally procured inputs used in their manufacture cannot be reversed merely because the Department later disputes the intermediary process as not amounting to manufacture. The accepted duty payment on the finished goods was the ative factor, and the fact that duty paid on clearance exceeded the credit availed further showed no recoverable irregularity. The demand for reversal of credit was therefore unsustainable and relief was granted to the assessee. Case-Laws Central Excise Mon, 15 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441621