https://www.taxtmi.com/caselaws?id=35418 Cenvat credit on inputs used to manufacture cigarettes later destroyed as unfit for human consumption was not required to be reversed when duty on the finished goods had been remitted. The Tribunal relied on the Board's earlier circular supporting credit admissibility after destruction with remission of duty and on its own earlier decision in the assessee's case. It also noted that the Revenue's later circular, which was linked to insurance-related reversal, did not apply because no insurance claim had been made. Credit was held admissible and consequential relief followed. en-us Mon, 17 Nov 2008 00:00:00 +0530 Fri, 05 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35418 Cenvat credit on inputs used to manufacture cigarettes later destroyed as unfit for human consumption was not required to be reversed when duty on the finished goods had been remitted. The Tribunal relied on the Board's earlier circular supporting credit admissibility after destruction with remission of duty and on its own earlier decision in the assessee's case. It also noted that the Revenue's later circular, which was linked to insurance-related reversal, did not apply because no insurance claim had been made. Credit was held admissible and consequential relief followed. Case-Laws Central Excise Mon, 17 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35418