2009 (3) TMI 975 - SCH - Central Excise

Reversal of credit separate accounts - Not. 30/04 gives exemption when credit not availed on input - decision in the case of COMMISSIONER OF CENTRAL EXCISE Versus ASHIMA DYECOT LTD. 2008 (9) TMI 87 - HIGH COURT GUJARAT contested where it was held that credit availed of and reversal would amount to the effect as if the same was not availed and would thus satisfy the condition of Notification No.30/2004-CE - Held that - the decision in the above case upheld - appeal dismissed - decided against Revenue.