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Central Excise - Highlights / Catch Notes

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Reversal of CENVAT Credit - breakage of glass beverage bottles - ...


CENVAT Credit Reversal on Broken Glass Beverage Bottles Complies with 2010 Circular; Impugned Order Not Upheld.

September 28, 2022

Case Laws     Central Excise     AT

Reversal of CENVAT Credit - breakage of glass beverage bottles - It is noted that substantial compliance with the circular of 2010 has been made by the appellant by reversing the CENVAT Credit on the inputs used in respect of the finished goods contained in the breakages. Thus, taking the note of the reversal made, the impugned order cannot be sustained. - AT

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