https://www.taxtmi.com/caselaws?id=754654 CESTAT Ahmedabad allowed the appeal regarding CENVAT credit on imported goods used in manufacturing PVC stabilizers and oxidized vegetable oil. The tribunal held that even if the activity doesn't constitute manufacture, the assessee can claim CENVAT credit if excise duty is paid on processed goods. Since the appellant had already paid excise duty equivalent to CENVAT credit availed, no show cause notice was required. The transaction was covered under Rule 16 of Central Excise Rules, 2002. The demand confirmation, interest, and penalty were set aside as unsustainable. en-us Wed, 26 Jun 2024 00:00:00 +0530 Fri, 28 Jun 2024 08:44:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754654 CESTAT Ahmedabad allowed the appeal regarding CENVAT credit on imported goods used in manufacturing PVC stabilizers and oxidized vegetable oil. The tribunal held that even if the activity doesn't constitute manufacture, the assessee can claim CENVAT credit if excise duty is paid on processed goods. Since the appellant had already paid excise duty equivalent to CENVAT credit availed, no show cause notice was required. The transaction was covered under Rule 16 of Central Excise Rules, 2002. The demand confirmation, interest, and penalty were set aside as unsustainable. Case-Laws Central Excise Wed, 26 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754654