https://www.taxtmi.com/caselaws?id=77623 The Appellate Tribunal CESTAT, Bangalore, directed M/s. The Singareni Collieries Ltd. to reverse a reduced amount of Rs. 5,12,16,437 as Cenvat credit on tippers received, acknowledging a calculation error by the Adjudicating Authority. The Tribunal deferred a detailed review of the calculation discrepancy to a later stage but waived the pre-deposit of penalty and interest pending compliance. The decision emphasized the importance of accurate calculation and eligibility criteria in Cenvat credit determinations, balancing compliance requirements with the appellant's right to a fair review. en-us Thu, 10 Sep 2009 00:00:00 +0530 Wed, 11 May 2011 18:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77623 The Appellate Tribunal CESTAT, Bangalore, directed M/s. The Singareni Collieries Ltd. to reverse a reduced amount of Rs. 5,12,16,437 as Cenvat credit on tippers received, acknowledging a calculation error by the Adjudicating Authority. The Tribunal deferred a detailed review of the calculation discrepancy to a later stage but waived the pre-deposit of penalty and interest pending compliance. The decision emphasized the importance of accurate calculation and eligibility criteria in Cenvat credit determinations, balancing compliance requirements with the appellant's right to a fair review. Case-Laws Service Tax Thu, 10 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77623