hold that the Explosives and Lubricants were eligible inputs for Cenvat credit during the material period. He submits that the ratio of the Apex Court ... respondents' claim was that the Explosives and Lubricants were eligible inputs for CENVAT credit. That claim was under Rule 57AA of the Central Excise
Rule 57AC. Conditions for allowing Cenvat credit.- (1) The Cenvat credit in respect of the inputs may be taken immediately on receipt of the inputs ... complete conversion of input or partially processed input into a different entity altogether. When partially processed inputs get converted into an energy in the form
taking credit on the inputs is not a manufacturer, the input manufacturer alone is the manufacturer of inputs; that thus the value under Section ... final product by debiting the CENVAT Credit Account. Thus, CENVAT Credit Scheme envisages bringing of inputs, taking CENVAT Credit, use of inputs
deny input credit to the party. Clause (d) of Rule 57AA defined "input" as follows:
"Input" means all goods, except high ... plant and machinery during the period of dispute were eligible inputs for CENVAT credit -- which has been answered in the negative by the adjudicating authority
Rolles Tubes (supra). The demand of duty equivalent to the Cenvat credit taken on input which was contained in the duty-paid plastic scrap will ... finished products. Therefore, the demand of duty, equivalent to the Cenvat Credit taken on inputs contained in the scrap, is upheld.
Sd/-
(V.K. Agrawal
done when Where inputs or capital goods,
inputs or capital goods; on on which credit has been taken,
which CENVAT credit has been are removed ... CENVAT Credit Rules, 2001 or Rules 3(4) of CENVAT Credit Rules, 2002 upto 28.2.2003, in case of manufacturer removes inputs or capital goods
clearances in a financial year, and who has been taking Cenvat credit, on inputs before such option is exercised shall be required ... credit account is not sufficient to meet debit of cenvat credit on inputs in stock etc. would be to permit recall of modvat credit correctly
Commissioner, Central Excise, under the impugned Order, has demanded CENVAT Credit availed of on inputs used in the manufacture of exempted goods and imposed penalty ... CENVAT Credit of the specified duty paid on any inputs. Rule 57AD(1) provided that CENVAT Credit shall not be allowed on such quantity
Commissioner, Central Excise, under the impugned Order, has demanded Cenvat credit availed of on inputs used in the manufacture of exempted goods and imposed penalty ... Cenvat credit of the specified duty paid on any inputs. Rule 57AD(1) provided that Cenvat credit shall not be allowed on such quantity
mean that they become exempted, to seek reversal of Cenvat credit on the inputs contained therein.
4. The Ld. D.R. submits thai the appollanls ... CENVAT credit shall not be allowed on such quantity of input or input service which is used in the manufacture of exempted goods or exempted
