CENVAT credit of Excise Duty Demand on iron and steel products used in Manufacture of Final products: CESTAT Set Asides Demand due to Credit Eligibility [Read Order]

Deletion of CENVAT credit on iron and steel products due to credit eligibility.
CENVAT credit - Excise Duty Demand - iron and steel products Manufacture of Final products -taxscan

The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the CENVAT credit of excise duty demand on iron and steel products used in the manufacture of final products.  Corporate Ispat Alloys Limited, the appellant assessee claimed that they had availed CENVAT credit on iron and steel products that were used…

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