2007 (7) TMI 164 - AT - Central Excise

No duty is required to be paid when merely inputs are partly written off without actual clearance of the goods from the factory No question of payment of credit availed arise for consideration in such case

Summary

The Appellate Tribunal CESTAT, Kolkata found that writing off the value of inputs partially does not require payment of duty if goods are not removed from the factory premises. The tribunal dismissed the Departmental appeal and disposed of the Cross Objection. The Board's Circular dated 16-7-2002 was cited as supporting this decision.