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TMI Blog2015 (11) TMI 1783X X X X Extracts X X X X X X X X Extracts X X X X ..... eventuality, when the credit has been taken or utilized wrongly, the said statutory provision can be invoked for recovery of the Cenvat amount - In the present case, the issue is not in dispute that input goods covered under the Bill of Entry have not been received in the factory of the appellant. It is also not in dispute and there is no specific allegation by the Department that the goods have n ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nufacture of FRP Rods, Indo-flex, Ripcord, Binding yarn, falling under Chapters 39, 70 and 56 of the Schedule to the Central Excise Tariff Act, 1985. The appellant avails Cenvat credit of Central Excise duty paid on inputs and capital goods used in or in relation to manufacture of the final product. During the disputed period, the appellant procured the input, namely Liquid Absorbent Polymers (CAB ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4. 2. Heard the ld. Counsel for both the sides and perused the records. 3. On plane reading of Rule 14 of the Cenvat Credit Rules, 2004, it reveals that in the eventuality, when the credit has been taken or utilized wrongly, the said statutory provision can be invoked for recovery of the Cenvat amount. In the present case, the issue is not in dispute that input goods covered unde ..... X X X X Extracts X X X X X X X X Extracts X X X X
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