https://www.taxtmi.com/caselaws?id=794204 CENVAT credit reversal under Rule 3(5) was held inapplicable for set-top boxes and customer premises equipment already installed at subscribers' premises, and for equipment returned as scrap after use, because these were treated as used goods and not as inputs removed as such. Credit reversal was required only for equipment lost or damaged in the warehouse before use, but only for the normal period. The extended period was held unavailable because periodic audits had covered the records and no discrepancy was found, and penalty was also set aside for the same reason. en-us Wed, 17 Jun 2026 00:00:00 +0530 Thu, 02 Jul 2026 08:07:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794204 CENVAT credit reversal under Rule 3(5) was held inapplicable for set-top boxes and customer premises equipment already installed at subscribers' premises, and for equipment returned as scrap after use, because these were treated as used goods and not as inputs removed as such. Credit reversal was required only for equipment lost or damaged in the warehouse before use, but only for the normal period. The extended period was held unavailable because periodic audits had covered the records and no discrepancy was found, and penalty was also set aside for the same reason. Case-Laws Service Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794204