Appellate Tribunal rules in favor of appellant, grants relief from denied credit on fiber glass

The Appellate Tribunal CESTAT in New Delhi confirmed duty of Rs. 2,78,828 against the appellant for denying credit on fiber glass. However, the tribunal found no justifiable reason for the denial of credit and allowed the appeal with consequential relief to the appellant.

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The Appellate Tribunal CESTAT in New Delhi confirmed duty of Rs. 2,78,828 against the appellant for denying credit on fibre glass. The appellant cleared the goods by paying duty of Rs. 3,27,116 after availing credit on the fibre glass. The tribunal found no justifiable reason for denial of credit, as the appellant reversed the credit by paying excess duty. The tribunal set aside the order and allowed the appeal with consequential relief to the appellant.

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