https://www.taxtmi.com/caselaws?id=153893 Credit kept in a separate job work account under the erstwhile Rule 57F(4) mechanism could not be shifted into the regular Cenvat account after the 1-4-2000 change in law, because the accumulated balance in the parallel account did not retain the character of transferable duty credit. The discussion also notes that no intent to evade duty was established, so suppression had no real bearing on reworking the matter. The matter was to be reconsidered afresh after hearing the appellant, and penalty was not sustainable in the absence of a departmental appeal against its deletion. en-us Fri, 30 Oct 2009 00:00:00 +0530 Thu, 01 Aug 2013 14:40:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153893 Credit kept in a separate job work account under the erstwhile Rule 57F(4) mechanism could not be shifted into the regular Cenvat account after the 1-4-2000 change in law, because the accumulated balance in the parallel account did not retain the character of transferable duty credit. The discussion also notes that no intent to evade duty was established, so suppression had no real bearing on reworking the matter. The matter was to be reconsidered afresh after hearing the appellant, and penalty was not sustainable in the absence of a departmental appeal against its deletion. Case-Laws Central Excise Fri, 30 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153893