credit taken was reversed very soon on coming to know of the mistake. As the credit taken was reversed before utilization, no interest is payable ... Strategic Engineering (P) Ltd. case.
13. From the foregoing, I hold that interest is not chargeable on the credit wrongly taken which was reversed before
case of CCE Jalandar Vs DCM Engineering Products (supra) wherein the identical demands on the reversal of cenvat credit availed on the input invoices
decision of this Tribunal in the case of M/s. AIA Engineering Pvt. Limited [2006 (195) ELT 154 (Tri. Mum.)]. The following observation is relevant ... required to be reversed. Accordingly, we are of the opinion that the reversal of credit by M/s. AIA Engineering Pvt. Limited and Bhagwati Autocast
issue of credit notes suffices as evidence of reduced assessable value and reversal of tax collected from customer. It was also submitted that in view ... decision of the Honble High Court of Jharkhand in McNally Bharat Engineering Co. Ltd v. Commissioner of Central Excise Ranchi
further submits that the appellant wrongly taken the credit, which was reversed before issue of the show cause notice and the imposition of penalty ... Before it can be taken, it had been reversed. In other words, once the entry was reversed, it is as if that the Cenvat credit
revenue deserves no merit therefore is rejected.
Hyundai Motor India Engineering (P) Ltd.
3. It appears the learned CESTAT decided the first issue relying ... when such decision has not been appealed against nor it has been reversed or overruled by any superior forum , the said judgment is binding
Service Tax Appellate
Tribunal (hereinafter referred to as 'CESTAT') has reversed
the said order and allowed the appeal of the assessee.
The issue ... System Ltd. v.
Collector ' [1997 ( 89) ELT 3 (SC)], 'Mittal Engineering Works
Pvt. Ltd. v. Collector ' [1996 (88) ELT 622 (SC)], holding
Engineering Ltd. vs.CCE-2014-TIOL-2527-CESTAT-MUM in support of her view that if the credit is specifically reversed, the benefit of notification
noticed the reversal of credit.
2. A show cause notice dtd 25.3.2009 was issued proposing to appropriate the cenvat credit reversed by the appellant alongwith ... Bang)
b) CCE, Pune ii vs Kay Bouvei Engg P Ltd 2014.301.ELT.100 (Tri.Mumbai)
c) CC&CE Hrderabad vs BHEL 2014
purchase order. They have explained in detail the technical know-how and engineering wherein it is specifically mentioned through diagrams and manuals and the category ... basic engineering will consist of the equipment which is fabricated at site. Nowhere it is specified that the design and engineering are also
