https://www.taxtmi.com/caselaws?id=210296 The Tribunal ruled in favor of the appellants, setting aside the order demanding duty, interest, and penalties under Section 11AC of the Central Excise Act for short received inputs from job workers without reversing credit. The decision clarified that principal manufacturers are not obligated to reverse credit on inputs post-March 31, 2000, as established by the Rocket Engineering Corporation Ltd. case, emphasizing the interpretation and application of relevant provisions under the Cenvat Credit Rules. en-us Thu, 14 Jul 2011 00:00:00 +0530 Thu, 22 Nov 2012 16:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210296 The Tribunal ruled in favor of the appellants, setting aside the order demanding duty, interest, and penalties under Section 11AC of the Central Excise Act for short received inputs from job workers without reversing credit. The decision clarified that principal manufacturers are not obligated to reverse credit on inputs post-March 31, 2000, as established by the Rocket Engineering Corporation Ltd. case, emphasizing the interpretation and application of relevant provisions under the Cenvat Credit Rules. Case-Laws Central Excise Thu, 14 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210296