Cenvat Credit Use in Barrel Processing: Attaching Caps and Inners Not Manufacturing, No Extra Reversal Needed After Excise Duty Paid.

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....Cenvat Crediti - processing on the barrels to convert into final product, by fixing of injection moulded caps, inners, etc was not amount to manufacture - once the duty of Excise is paid by utilizing the credit availed by an assessee, the same would amount to reversal of credit and there can be no requirement of any further reversal. - AT....