https://www.taxtmi.com/caselaws?id=202004 The Appellate Tribunal set aside the demand for recovery of CENVAT credit and penalty imposed on manufacturers of textile machinery parts. The Tribunal emphasized that the collection of an amount from job workers for losses due to defective inputs does not justify credit reversal. Therefore, the appeal was allowed in favor of the assessees, as the penalty was linked to the now-invalidated recovery demand. en-us Fri, 30 Jul 2010 00:00:00 +0530 Sat, 20 Jul 2013 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202004 The Appellate Tribunal set aside the demand for recovery of CENVAT credit and penalty imposed on manufacturers of textile machinery parts. The Tribunal emphasized that the collection of an amount from job workers for losses due to defective inputs does not justify credit reversal. Therefore, the appeal was allowed in favor of the assessees, as the penalty was linked to the now-invalidated recovery demand. Case-Laws Central Excise Fri, 30 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202004