https://www.taxtmi.com/caselaws?id=124429 The Appellate Tribunal CESTAT, CHENNAI ruled in favor of the appellants, granting a waiver of pre-deposit and stay of recovery. The case involved the denial of input duty credit and interest demand under the CENVAT Credit Rules, 2004, due to delayed return of duty-paid inputs for rectification. The Tribunal emphasized adherence to the rules for claiming and utilizing input duty credit, absolving the appellants from the obligation to reverse credit or pay interest on inputs returned within the prescribed period. en-us Fri, 01 Aug 2008 00:00:00 +0530 Sat, 29 Sep 2012 12:32:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124429 The Appellate Tribunal CESTAT, CHENNAI ruled in favor of the appellants, granting a waiver of pre-deposit and stay of recovery. The case involved the denial of input duty credit and interest demand under the CENVAT Credit Rules, 2004, due to delayed return of duty-paid inputs for rectification. The Tribunal emphasized adherence to the rules for claiming and utilizing input duty credit, absolving the appellants from the obligation to reverse credit or pay interest on inputs returned within the prescribed period. Case-Laws Central Excise Fri, 01 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124429