https://www.taxtmi.com/caselaws?id=448418 CESTAT Ahmedabad dismissed revenue's appeal regarding Cenvat Credit adjustment. The appellant initially treated repacking and resale of adhesive solution containers as trading activity, issuing dealer invoices and passing CVD credit. When department later classified this repacking as manufacture and demanded excise duty, appellant paid additional amounts beyond Cenvat Credit. CESTAT held that since department treated the transaction as manufacturing, the associated Cenvat Credit must be adjusted against total duty liability. Revenue's contention that CVD credit already passed through dealer invoice cannot be re-adjusted was rejected, as the same CVD was involved, not passed twice. Following precedent from Gujarat Heavy Chemicals Limited case with identical facts, the tribunal upheld the original order allowing Cenvat Credit adjustment. en-us Wed, 17 Jan 2024 00:00:00 +0530 Fri, 19 Jan 2024 08:47:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448418 CESTAT Ahmedabad dismissed revenue's appeal regarding Cenvat Credit adjustment. The appellant initially treated repacking and resale of adhesive solution containers as trading activity, issuing dealer invoices and passing CVD credit. When department later classified this repacking as manufacture and demanded excise duty, appellant paid additional amounts beyond Cenvat Credit. CESTAT held that since department treated the transaction as manufacturing, the associated Cenvat Credit must be adjusted against total duty liability. Revenue's contention that CVD credit already passed through dealer invoice cannot be re-adjusted was rejected, as the same CVD was involved, not passed twice. Following precedent from Gujarat Heavy Chemicals Limited case with identical facts, the tribunal upheld the original order allowing Cenvat Credit adjustment. Case-Laws Central Excise Wed, 17 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448418