Failure to identify details of inventory for which general provision were made: CESTAT sets aside Reversal of Cenvat Credit [Read Order]

Customs - Excise - Service Tax - inventory - general provision - CESTAT - Cenvat Credit - taxscan

A Division Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi set aside reversal of Cenvat Credit on the ground of failure to identify details of inventory for which general provision were made. The issue involved in this appeal is whether the provisions of Rule 3(5)(B) of CCR, 2004 are attracted…

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