https://www.taxtmi.com/caselaws?id=464444 CESTAT held that where defective goods are returned to the factory and are not subjected to any process or cleared as scrap, the assessee must reverse the entire CENVAT credit claimed on receipt of those goods under Rule 16(2) of the Central Excise Rules, 2002. The Tribunal affirmed consistent precedent and set aside contrary findings, concluding reversal is mandatory in such circumstances. The matter is to be placed before a Single Member Bench for adjudication on merits. en-us Thu, 09 Jan 2025 00:00:00 +0530 Thu, 30 Oct 2025 12:13:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464444 CESTAT held that where defective goods are returned to the factory and are not subjected to any process or cleared as scrap, the assessee must reverse the entire CENVAT credit claimed on receipt of those goods under Rule 16(2) of the Central Excise Rules, 2002. The Tribunal affirmed consistent precedent and set aside contrary findings, concluding reversal is mandatory in such circumstances. The matter is to be placed before a Single Member Bench for adjudication on merits. Case-Laws Central Excise Thu, 09 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464444