https://www.taxtmi.com/caselaws?id=53738 The Tribunal rejected the Revenue's appeals in both cases, emphasizing that the rejected goods were processed further before being cleared as scrap, and duty was paid on the scrap based on its value. The Tribunal found that the assessee was not required to reverse the credit taken when the rejected goods were received back into the factory, as the rejected wire was indeed subjected to further processing before being cleared as scrap. Additionally, the Tribunal dismissed the Revenue's claim that the assessee should have debited an amount equal to the credit availed in respect of scrap clearances. en-us Thu, 28 Oct 2004 00:00:00 +0530 Fri, 15 Oct 2010 09:59:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53738 The Tribunal rejected the Revenue's appeals in both cases, emphasizing that the rejected goods were processed further before being cleared as scrap, and duty was paid on the scrap based on its value. The Tribunal found that the assessee was not required to reverse the credit taken when the rejected goods were received back into the factory, as the rejected wire was indeed subjected to further processing before being cleared as scrap. Additionally, the Tribunal dismissed the Revenue's claim that the assessee should have debited an amount equal to the credit availed in respect of scrap clearances. Case-Laws Central Excise Thu, 28 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53738