CENVAT Credit of Excise Duty allowable on Raw materials used for Manufacture of finished goods : CESTAT [Read Order]

By Shabna Rahim - On November 29, 2023 2:00 pm - 2 mins read
CENVAT Credit of Excise Duty - CENVAT Credit - Excise Duty - Excise Duty Allowable on Raw materials - Excise Duty Allowable - TAXSCAN

The Chennai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the CENVAT credit of excise duty is allowable on the raw materials used for the manufacture of finished goods.  Kadri Wovens, the appellant assessee was a 100% Export Oriented Unit (EOU) engaged in the manufacture of Blankets, Throws, Sheets, etc…

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