CENVAT Credit - provision made in the books of accounts on account of Non-Moving Inventory, without...

CENVAT Credit - provision made in the books of accounts on account of Non-Moving Inventory, without reducing (writing down) the value of inventory - Rule 3(5B) of Cenvat Credit Rules, 2004 - the appellant has made only a ‘general provision’, which is not attributable to any particular capital asset/input. - , the show cause notice is erroneous as the demand has been made even on the reversal of the provision. - AT .....

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