Cenvat Credit eligible to Manufacturer on Scrap imported, Sold & Repurchased

Vignesh Alloys Pvt. Ltd. Vs Commissioner of GST & Central Excise (CESTAT Chennai) The facts of the case are that the appellant is engaged in the manufacture of Aluminium Alloy Ingots falling under Central Excise Tariff Heading 76012010 of the CETA, 1985. They have imported inputs i.e. ‘aluminium scrap’ and directed the inputs ‘as such’ to some dealers who in-turn have resold the aluminium scrap to the appellant. The dealer has also not acted as a ‘first stage dealer’ as defined in terms of Rule 2(ij)(i) of CENVAT Credit Rules, 2004, therefore the availment of credit by the appe...