https://www.taxtmi.com/caselaws?id=123611 The Appellate Tribunal held that utilizing Cenvat credit for duty payment is compliant with duty payment requirements, akin to debiting the account current, based on the precedent set by the High Court of Bombay. Consequently, the Tribunal set aside the impugned order confirming duty demand and penalty, ruling in favor of the appellants, a Public Sector Unit. en-us Thu, 19 Jul 2007 00:00:00 +0530 Fri, 27 Oct 2017 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123611 The Appellate Tribunal held that utilizing Cenvat credit for duty payment is compliant with duty payment requirements, akin to debiting the account current, based on the precedent set by the High Court of Bombay. Consequently, the Tribunal set aside the impugned order confirming duty demand and penalty, ruling in favor of the appellants, a Public Sector Unit. Case-Laws Central Excise Thu, 19 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123611