https://www.taxtmi.com/caselaws?id=78443 Cenvat credit was held admissible on duty-paid packing material used for packing tractor spare parts because the packing material formed part of the cleared goods and duty had already been paid on it. The High Court therefore upheld the assessee's entitlement to credit and rejected the Revenue's challenge. On penalty, the Court found no error in the Tribunal's exercise of discretion in reducing the excise penalty and declined to interfere. The Tribunal's order was sustained, and the Revenue's appeal failed. en-us Thu, 18 Feb 2010 00:00:00 +0530 Wed, 17 Nov 2010 17:03:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78443 Cenvat credit was held admissible on duty-paid packing material used for packing tractor spare parts because the packing material formed part of the cleared goods and duty had already been paid on it. The High Court therefore upheld the assessee's entitlement to credit and rejected the Revenue's challenge. On penalty, the Court found no error in the Tribunal's exercise of discretion in reducing the excise penalty and declined to interfere. The Tribunal's order was sustained, and the Revenue's appeal failed. Case-Laws Central Excise Thu, 18 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78443