https://www.taxtmi.com/caselaws?id=787394 Reversal of CENVAT credit on removal of inputs 'as such' requires reversal at least equal to credit availed and permits reversal in excess; such excess reversal satisfies the statutory neutralisation requirement and precludes recovery as an amount 'collected from a buyer' under collection-based recovery principles, making collection provisions inapplicable to inter unit transfers. Where the supplier's debit entries remain effective and not set aside or refunded, recipient units cannot be denied credit without causing double recovery, so denial is unsustainable. Penalties and extended limitation tied to alleged suppression or wrongful availment are unjustified on these facts and are therefore set aside. en-us Tue, 03 Mar 2026 00:00:00 +0530 Tue, 03 Mar 2026 16:10:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787394 Reversal of CENVAT credit on removal of inputs 'as such' requires reversal at least equal to credit availed and permits reversal in excess; such excess reversal satisfies the statutory neutralisation requirement and precludes recovery as an amount 'collected from a buyer' under collection-based recovery principles, making collection provisions inapplicable to inter unit transfers. Where the supplier's debit entries remain effective and not set aside or refunded, recipient units cannot be denied credit without causing double recovery, so denial is unsustainable. Penalties and extended limitation tied to alleged suppression or wrongful availment are unjustified on these facts and are therefore set aside. Case-Laws Central Excise Tue, 03 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787394