Appellate Tribunal Allows Appeal Based on Sufficient Cenvat Credit Balance

The Appellate Tribunal CESTAT CHENNAI allowed the appeal, finding sufficient Cenvat credit balance in the appellant's RG-23A Part-II register based on a verification report from Revenue. As a result, no interest or penalty was imposed on the appellant.

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The Appellate Tribunal CESTAT CHENNAI allowed the appeal as there was sufficient Cenvat credit balance in the appellant's RG-23A Part-II register, based on a verification report from Revenue. Consequently, no interest or penalty was levied on the appellant.

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