CENVAT Credit Recovery on Capital Goods by Job Worker: Reversal Pre-Notice Upheld, Demand u/r 14 Invalid.

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....Recovery of CENVAT Credit - job-worker - capital goods utilised by the job worker - The reversal of credit, claimed well before the issue of show cause notice, has not been controverted by tax authorities at any stage till now. Consequently, the demand of the same under rule 14 of CENVAT Credit Rules, 2004 is not tenable. - AT....