TMI Blog2008 (1) TMI 904X X X X Extracts X X X X X X X X Extracts X X X X ..... ti Balasundaram, Vice President The case of the department against the respondent here is that they are availing of CENVAT credit on certain paid out items such as drums, jerry cans etc. without carrying on the process of manufacture in their factory, and are hence required to reverse credit of ₹ 3,42,271/- with interest and the assessees are liable to penalty. 2. I have heard both si ..... X X X X Extracts X X X X X X X X Extracts X X X X
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