https://www.taxtmi.com/caselaws?id=53286 CENVAT/Modvat credit is not to be denied merely because goods sent to a job worker are received back after the stipulated 180-day period, where the prescribed job-work procedure was followed, the requisite reversal was made on removal, and the goods were ultimately returned and used in manufacture. The Tribunal referred to the departmental clarification dated 3-4-2001, which indicates that credit remains available on receipt of the goods back, with debit required only for the credit attributable to goods not received within the period. On these facts, delayed return alone was insufficient to disallow credit. en-us Fri, 30 Jul 2004 00:00:00 +0530 Tue, 12 Oct 2010 13:29:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53286 CENVAT/Modvat credit is not to be denied merely because goods sent to a job worker are received back after the stipulated 180-day period, where the prescribed job-work procedure was followed, the requisite reversal was made on removal, and the goods were ultimately returned and used in manufacture. The Tribunal referred to the departmental clarification dated 3-4-2001, which indicates that credit remains available on receipt of the goods back, with debit required only for the credit attributable to goods not received within the period. On these facts, delayed return alone was insufficient to disallow credit. Case-Laws Central Excise Fri, 30 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53286