https://www.taxtmi.com/caselaws?id=788085 Cenvat credit need not be reversed where inputs are merely written down in accounting records and remain in stock and usable; reversal under the write off provision applies only when inputs are actually written off and removed from use. Recovery of cenvat credit requires a statutory recovery mechanism to be in force, so demands for periods before such a mechanism existed are unsustainable. Demands based solely on audit objections where returns disclosed the particulars and there is no suppression do not justify invocation of the extended limitation period. Appeals on these grounds favour the assessee. en-us Thu, 12 Mar 2026 00:00:00 +0530 Tue, 17 Mar 2026 08:23:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788085 Cenvat credit need not be reversed where inputs are merely written down in accounting records and remain in stock and usable; reversal under the write off provision applies only when inputs are actually written off and removed from use. Recovery of cenvat credit requires a statutory recovery mechanism to be in force, so demands for periods before such a mechanism existed are unsustainable. Demands based solely on audit objections where returns disclosed the particulars and there is no suppression do not justify invocation of the extended limitation period. Appeals on these grounds favour the assessee. Case-Laws Central Excise Thu, 12 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788085