2008 (7) TMI 737 - AT - Central Excise

Summary

The dispute in the case was about whether reversal of credit on inputs cleared as such is sufficient. The tribunal agreed with the appellants, citing a Larger Bench decision that Rule 3(5) of the Cenvat Credit Rules, 2004 would apply even to inputs removed before its introduction. The impugned order was set aside, and the appeal was allowed based on the Larger Bench decision.