https://www.taxtmi.com/caselaws?id=119768 The case involved the appeal by the Revenue against an assessee of Central Excise engaged in manufacturing Pharmaceutical products who had availed Cenvat credit on certain ineligible goods. The Commissioner set aside the recovery of the ineligible credit, interest, and penalties, citing the goods' essential use in manufacturing final products and the officers' failure to note ineligibility as justifying the plea of time-bar. The appeal was partially allowed, emphasizing the need for reassessment based on the revised understanding of submission requirements due to amendments to Central Excise Rules on Modvat. en-us Thu, 22 Jun 2006 00:00:00 +0530 Fri, 13 Jul 2012 10:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119768 The case involved the appeal by the Revenue against an assessee of Central Excise engaged in manufacturing Pharmaceutical products who had availed Cenvat credit on certain ineligible goods. The Commissioner set aside the recovery of the ineligible credit, interest, and penalties, citing the goods' essential use in manufacturing final products and the officers' failure to note ineligibility as justifying the plea of time-bar. The appeal was partially allowed, emphasizing the need for reassessment based on the revised understanding of submission requirements due to amendments to Central Excise Rules on Modvat. Case-Laws Central Excise Thu, 22 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119768