https://www.taxtmi.com/caselaws?id=202461 The Tribunal allowed the appeal by remanding the matter to the Original Authority for re-computation of the appellant's liability regarding the waiver of pre-deposit and penalty demanded under Rule 15 (2) of the Cenvat Credit Rules, 2004. The Tribunal emphasized compliance with the provisions of the Finance Act, 2010 for discharging liability related to the availment of credit on common inputs for dutiable and exempted final products. The decision stressed the importance of following statutory procedures for resolving disputes concerning credit availment. en-us Mon, 07 Feb 2011 00:00:00 +0530 Wed, 16 Mar 2011 15:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202461 The Tribunal allowed the appeal by remanding the matter to the Original Authority for re-computation of the appellant's liability regarding the waiver of pre-deposit and penalty demanded under Rule 15 (2) of the Cenvat Credit Rules, 2004. The Tribunal emphasized compliance with the provisions of the Finance Act, 2010 for discharging liability related to the availment of credit on common inputs for dutiable and exempted final products. The decision stressed the importance of following statutory procedures for resolving disputes concerning credit availment. Case-Laws Central Excise Mon, 07 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202461