2017 (11) TMI 869

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....ioner (AR) for the Respondent. ORDER [Order per: M.V. Ravindran] This appeal is directed against Order-in-Original No.04/2012 (C.E.)- Commr. dated 30.04.2012. 2. Brief facts after filtering out of unnecessary details appellant herein during the period 01.07.2000 to 28.02.2003, cleared input/capital goods as such from the factory premises. Appellant had availed the CENVAT credit of the said inp....

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.... the case of Silvasa Machines [2012 (280) ELT 140 (Tri. - Ahmd)]. 4. Ld. Departmental Representative defeats Order-in-Original passed by the adjudicating authority vehemently on the ground that the clearance of inputs/capital goods and has to be considered as clearances of manufactured goods from the factory premises and in the absence of sale valuation needs to be recomputed based upon the provi....

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....circular which is reproduced in the said Larger Bench decision, it has been stated and held by the Larger Bench that the amount of CENVAT credit taken by the assessee, of the duty paid on the invoice value as shown in the invoice can be considered as correct assessable value and duty liability to be discharged. This would, in other words, would mean that the CENVAT credit of the Central Excise dut....