2016 (2) TMI 1006

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Shri E.K. Nandakumar, A.K. Jayasankar Nambiar, K. John Mathai, P. Benny Thomas and P. Gopinath, Advocates, for the Respondent. JUDGMENT [Judgment per : Thottathil B. Radhakrishnan, J.]. - We have heard the learned senior standing counsel for the Central Board of Excise and Customs and the learned counsel for the assessee. This appeal is against an order by which the CESTAT decided against th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t the issue involved is regarding the reversal of Cenvat credit on duty paid on inputs/capital goods and stores and spares which were written off from accounts as obsolete. It concluded that the issue is squarely covered by the decision in Bharat Heavy Electricals Ltd. v. CCE, Bangalore [2002 (50) RLT 208 (CEGAT-Ban.)]. Applying the said precedent, we find that there is no merit in this appeal. ....