https://www.taxtmi.com/caselaws?id=126678 The Tribunal upheld the duty demand against the appellants for availing SSI Exemption and subsequently opting out, requiring payment equivalent to the Cenvat credit. The penalty was reduced to Rs. 25,000 due to the appellants' status as a small unit. The deposited amount was directed to be adjusted against the demand to ensure fairness and compliance with legal provisions. en-us Tue, 02 Jun 2009 00:00:00 +0530 Tue, 04 Dec 2012 15:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126678 The Tribunal upheld the duty demand against the appellants for availing SSI Exemption and subsequently opting out, requiring payment equivalent to the Cenvat credit. The penalty was reduced to Rs. 25,000 due to the appellants' status as a small unit. The deposited amount was directed to be adjusted against the demand to ensure fairness and compliance with legal provisions. Case-Laws Central Excise Tue, 02 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126678