CENVAT Credit Demand Overruled for Inputs Destroyed in Fire; Remission of Duty Granted Despite Non-Utilization.

CENVAT Credit - inputs issued for production lying in shop floor but not used for the production and the same was destroyed in fire - remission of duty granted - though the input was not used and issued for production, the demand of Cenvat Credit thereon was set aside - the demand of Cenvat Credit in respect of inputs issued for production and lying in shop floor is not sustainable - AT .....

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