https://www.taxtmi.com/caselaws?id=34406 The Tribunal ruled in favor of the assessees, dismissing the Revenue's appeals and allowing the assessees' appeals and cross-objections filed by M/s. Shalom Garments. The Tribunal held that the demands for recovery of CENVAT credit related to inputs and finished products were not sustainable, emphasizing that once credit is validly taken, it is indefeasible and can be utilized without time limitations unless the manufacturer chooses not to use the raw material in the final product. Additionally, the Tribunal allowed the refund of credit relatable to inputs and work-in-progress, supporting the assessees' claim based on relevant legal precedents. en-us Wed, 04 Feb 2009 00:00:00 +0530 Fri, 28 Aug 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34406 The Tribunal ruled in favor of the assessees, dismissing the Revenue's appeals and allowing the assessees' appeals and cross-objections filed by M/s. Shalom Garments. The Tribunal held that the demands for recovery of CENVAT credit related to inputs and finished products were not sustainable, emphasizing that once credit is validly taken, it is indefeasible and can be utilized without time limitations unless the manufacturer chooses not to use the raw material in the final product. Additionally, the Tribunal allowed the refund of credit relatable to inputs and work-in-progress, supporting the assessees' claim based on relevant legal precedents. Case-Laws Central Excise Wed, 04 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34406