9911796707
TMI Blog2008 (11) TMI 246X X X X Extracts X X X X X X X X Extracts X X X X ..... ls the admissibility of Modvat/Cenvat credit on inputs used in the manufacture of finished goods on which duty has been remitted - It is further seen that the Commissioner himself has noted that the appellants did not claim any insurance. – Appeal allowed – reversal of credit not warranted - E/110-111/2006 - 1283-1284/2008 - Dated:- 17-11-2008 - Shri T.K. Jayaraman, Member (T) REPRESENTED B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssion has stated that the same is subjected to reversal of Cenvat credit involved on the inputs utilized in the manufacture of the said cigarettes. This is being seriously challenged by the appellants. 4. The learned SDR drew my attention to the Board's Circular issued in 2004 which superceded the Board's Circular of 2002. He said that in terms of the cited Board's Circular, the appellants are r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsidered. It is seen that the above decision of the Tribunal has not been challenged by the Revenue. It is further seen that the Commissioner himself has noted that the appellants did not claim any insurance. Therefore the Board's Circular of 2004 referred to by the learned DR may not be applicable to the present case as the said Circular was based on a decision of the Tribunal which held that onc ..... X X X X Extracts X X X X X X X X Extracts X X X X
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