https://www.taxtmi.com/caselaws?id=121416 The Appellate Tribunal CESTAT, Mumbai, ruled in favor of the pharmaceutical company in a case involving demands of Central Excise duty on finished goods and reversal of credit on inputs. The Tribunal found that the authorities' conclusion regarding the expiration of permission for the laboratory was unfounded, as there was no material evidence supporting it. The company's compliance with quality control procedures and lack of malpractice detection post-1988 indicated the continuity of permission. As a result, the demands for duty, reversal of credit, and penalties were deemed erroneous and set aside in all three appeals. en-us Wed, 25 Apr 2007 00:00:00 +0530 Mon, 30 Jul 2012 15:18:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=121416 The Appellate Tribunal CESTAT, Mumbai, ruled in favor of the pharmaceutical company in a case involving demands of Central Excise duty on finished goods and reversal of credit on inputs. The Tribunal found that the authorities' conclusion regarding the expiration of permission for the laboratory was unfounded, as there was no material evidence supporting it. The company's compliance with quality control procedures and lack of malpractice detection post-1988 indicated the continuity of permission. As a result, the demands for duty, reversal of credit, and penalties were deemed erroneous and set aside in all three appeals. Case-Laws Central Excise Wed, 25 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=121416