CESTAT Allows Cenvat Credit as Granules Sent to Job Worker Were Not Traded Goods

Star Battery Limited Vs Commissioner of Central Tax (CESTAT Kolkata) Excise Demand Set Aside Because Inputs Were Cleared for Conversion and Not Trading; Rule 3(5) Compliance Accepted Since Assessee Reversed Credit on Inputs Sent to Job Worker; Cenvat Credit Demand Quashed Due to Lack of Evidence of Trading Transactions; Extended Limitation Invalid Because Transactions Were Properly Disclosed in ER-1 Returns. In Star Battery Limited Vs Commissioner of Central Tax, the Kolkata Bench of CESTAT considered an appeal concerning denial of Cenvat credit on granules used for manufacturing PPCP contai...