2013 (2) TMI 311

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..... entage of quantity of inputs for which provision was made for subsequent use, it may not be a case of “write off fully” attracting the provisions of Rule 3(5B) of CENVAT Credit Rules. Waive pre-deposit dues and Stay granted - E/787/2011 - Stay Order No. 1303/2012 - Dated:- 31-7-2012 - P.G. Chacko And M. Veeraiyan, JJ. Respondent Rep by: Mr Ganesh Haavanur, AR Per: M. Veeraiyan: H .....

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..... h provision was made as above for the year 2007-2008, during the year 2008-2009, they have retrieved materials valued over Rs.90 lakhs and utilized them in the manufacture. This would go to show that what was categorized as slow/non-moving inventory was capable of being used and therefore cannot be taken as written off fully . 5. The learned Commissioner, A.R. reiterates the finding and reasoni .....

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