https://www.taxtmi.com/caselaws?id=123406 The Tribunal granted waiver of the dues and stayed the recovery of duty and penalty until the final disposal of the appeal. The appellant's belated reversal of Cenvat credit was found to fulfill the alleged requirement, and the demand notice was considered to lack grounds for demand based on the utilization of credit availed inputs in the production of finished goods. The Tribunal emphasized the correct interpretation of the Cenvat Credit Rules and the specific conditions of the exemption notification. en-us Fri, 07 Mar 2008 00:00:00 +0530 Thu, 13 Sep 2012 16:46:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123406 The Tribunal granted waiver of the dues and stayed the recovery of duty and penalty until the final disposal of the appeal. The appellant's belated reversal of Cenvat credit was found to fulfill the alleged requirement, and the demand notice was considered to lack grounds for demand based on the utilization of credit availed inputs in the production of finished goods. The Tribunal emphasized the correct interpretation of the Cenvat Credit Rules and the specific conditions of the exemption notification. Case-Laws Central Excise Fri, 07 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123406