https://www.taxtmi.com/caselaws?id=123988 Unutilised Cenvat credit allegedly relatable to work-in-progress could not sustain a duty demand when the assessee opted for SSI exemption. The Tribunal found that the record did not establish actual work-in-progress or any subsequent use of the alleged credit, and applied the principle that credit which cannot be utilised and lapses under the Cenvat scheme does not create an enforceable duty liability. On that basis, the demand and the associated penalty were set aside. en-us Mon, 23 Jun 2008 00:00:00 +0530 Mon, 24 Sep 2012 12:42:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123988 Unutilised Cenvat credit allegedly relatable to work-in-progress could not sustain a duty demand when the assessee opted for SSI exemption. The Tribunal found that the record did not establish actual work-in-progress or any subsequent use of the alleged credit, and applied the principle that credit which cannot be utilised and lapses under the Cenvat scheme does not create an enforceable duty liability. On that basis, the demand and the associated penalty were set aside. Case-Laws Central Excise Mon, 23 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123988