Assessee eligible to take re-credit of credit which was not required to be reversed

Central Warehousing Corporation Vs Commissioner of Central Taxes (CESTAT Chennai)

The issue is with regard to the re-credit availed by the appellants on 29.03.2014 for an amount of Rs.20,83,773/-. As explained by the learned counsel for the appellants, the said re-credit is not adjustment of the excess reversal of proportionate credit in terms of Rule 6(3A) of Cenvat Credit Rules, 2004. When Notification No.4/2014 made the Storage and Warehousing Services of rice to be exempted services, the said service became taxable for t

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