https://www.taxtmi.com/caselaws?id=128173 The tribunal condoned a 63-day delay in filing an appeal due to a key officer's sickness. The main issues involved the reversal of credit on molasses used in rectified spirit manufacturing and duty demand for transferring molasses without permission. The appellants disputed the Revenue's FIFO method for credit reversal and the duty demand under Rule 8 of Cenvat Credit Rules. The tribunal found merit in the appellant's arguments concerning Rule 3(5) of Cenvat Credit Rules and the demand under Rule 8, leading to a deposit of over Rs. 26 lacs. The stay application was allowed for the balance amount of duty demand, interest, and penalties, disposing of related applications. en-us Mon, 17 Aug 2009 00:00:00 +0530 Fri, 29 Mar 2013 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128173 The tribunal condoned a 63-day delay in filing an appeal due to a key officer's sickness. The main issues involved the reversal of credit on molasses used in rectified spirit manufacturing and duty demand for transferring molasses without permission. The appellants disputed the Revenue's FIFO method for credit reversal and the duty demand under Rule 8 of Cenvat Credit Rules. The tribunal found merit in the appellant's arguments concerning Rule 3(5) of Cenvat Credit Rules and the demand under Rule 8, leading to a deposit of over Rs. 26 lacs. The stay application was allowed for the balance amount of duty demand, interest, and penalties, disposing of related applications. Case-Laws Central Excise Mon, 17 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128173