https://www.taxtmi.com/caselaws?id=117365 The Tribunal upheld the Commissioner's decision to drop the demand and penalty in a case concerning the utilization of credit for duty payment in August 2000. The Tribunal found that even though the respondents used credit after the Rule amendment, it would have been available for the next fortnight, maintaining revenue neutrality. The Revenue's appeal was rejected, emphasizing the importance of compliance with Rule 57 AB amendments and revenue neutrality in duty payment situations. en-us Thu, 05 Jan 2006 00:00:00 +0530 Fri, 22 Jun 2012 11:54:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117365 The Tribunal upheld the Commissioner's decision to drop the demand and penalty in a case concerning the utilization of credit for duty payment in August 2000. The Tribunal found that even though the respondents used credit after the Rule amendment, it would have been available for the next fortnight, maintaining revenue neutrality. The Revenue's appeal was rejected, emphasizing the importance of compliance with Rule 57 AB amendments and revenue neutrality in duty payment situations. Case-Laws Central Excise Thu, 05 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117365