https://www.taxtmi.com/caselaws?id=800769 CENVAT credit on moulds sent to job-workers under job-work challans remains admissible where the moulds, as capital goods, are returned after use and the procedure does not breach the CENVAT Credit Rules. Separate reversal of credit on PP granules for accounting purposes does not require reversal on moulds. Where reversal and re-availment would be revenue-neutral and create no double credit, denial of credit is unwarranted. Extended-period recovery is unsustainable where departmental knowledge of the transactions exists and suppression with intent to evade excise duty is not established. en-us Fri, 09 Oct 2026 00:00:00 +0530 Mon, 12 Oct 2026 09:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800769 CENVAT credit on moulds sent to job-workers under job-work challans remains admissible where the moulds, as capital goods, are returned after use and the procedure does not breach the CENVAT Credit Rules. Separate reversal of credit on PP granules for accounting purposes does not require reversal on moulds. Where reversal and re-availment would be revenue-neutral and create no double credit, denial of credit is unwarranted. Extended-period recovery is unsustainable where departmental knowledge of the transactions exists and suppression with intent to evade excise duty is not established. Case-Laws Central Excise Fri, 09 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800769