2016 (12) TMI 78

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Shastri, Asstt. Commissioner (AR) for the appellant Shri V.M. Doiphode, Advocate for the respondent Per: Ramesh Nair: The issue involved in the present case is that, due to the excisable goods become exempted, the appellant reversed CENVAT credit contained in the finished goods in process and final product. Part of the credit was reversed from CENVAT credit account and partly from PLA. S....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....venue reiterated the grounds of appeal. He submits that since the respondent availed exemption Notification No. 30/2004-CE dated 09/07/2004 which contained the condition that the Notification shall not apply to the goods in respect of which credit of duty on inputs has been taken under the provisions of the CENVAT Credit Rules 2002. Therefore, the CENVAT credit reversed by the respondent is in con....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ification No. 10/2007-CE(NT). Therefore, at the relevant period, in the present case, there was no provision for reversal of credit in case the products become exempted. He submitted that the very same issue has been settled in the following judgments. i. Tractor and Farm Equipment Ltd v. Commissioner of Central Excise, Madurai - II 2015 (320) ELT 357 (Mad.) ii. Commissioner of Central Excis....