We are Capital Goods Manufacturer- machine manufacturer, 100% EOU , and generally stores raw material in huge quantity to take the benifit of large order, some times it happens that imported /local raw material brought in used over the period of some year. Now , CRA has raised objection and asked us to reverse the duty credit taken on such goods .
While seraching for the case law on this subject , i got the following details but could not get the case details .
Can you please let me know the details of this case law.whose descripttion appears as under :
"100% EOU, Goods were written off- goods not used for intended purpose -duty can not be demanded in respect of the goods which had been written off - stay granted central excise. "
If possible can you please let me know the citation of the case atleast.