Recovery of CENVAT Credit for Written-Off Input Services Not Allowed u/r 3(5B) of 2004 Rules.

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....CENVAT credit - input services written off - Rule 3(5B) of CENVAT Credit Rules, 2004 reveals that it is directed against the input or capital goods and not applicable to the input services, therefore, recovery proceeding initiated by Revenue on the credit attributable to the written off of value of the input service from the books of accounts, being bad debt cannot be sustained - AT....