https://www.taxtmi.com/caselaws?id=762429 CESTAT Bangalore allowed the appeal regarding CENVAT credit denial. The appellant transferred inputs from Unit B-59 to Unit B-165 under proper documentation, with finished goods cleared on duty payment. The tribunal held that proper accounting of input movement justified credit allowance despite lack of clearance permission. Credit on inputs used in manufacturing was allowed as the conversion process constituted manufacture per previous tribunal decision. Credit on rejected goods was permitted as proper documentation showed receipt, recording, and reprocessing. The demand was time-barred as the show-cause notice invoking suppression couldn't be sustained when all movements were properly recorded. Penalty was also set aside. en-us Fri, 29 Nov 2024 00:00:00 +0530 Sat, 30 Nov 2024 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762429 CESTAT Bangalore allowed the appeal regarding CENVAT credit denial. The appellant transferred inputs from Unit B-59 to Unit B-165 under proper documentation, with finished goods cleared on duty payment. The tribunal held that proper accounting of input movement justified credit allowance despite lack of clearance permission. Credit on inputs used in manufacturing was allowed as the conversion process constituted manufacture per previous tribunal decision. Credit on rejected goods was permitted as proper documentation showed receipt, recording, and reprocessing. The demand was time-barred as the show-cause notice invoking suppression couldn't be sustained when all movements were properly recorded. Penalty was also set aside. Case-Laws Central Excise Fri, 29 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762429