https://www.taxtmi.com/caselaws?id=235214 The tribunal ruled in favor of the appellant, finding that they had a strong prima facie case in their favor regarding the availing of Cenvat Credit on capital goods while benefiting from two exemption notifications. The tribunal held that the appellant had the discretion to choose the more beneficial option between the notifications and waived the pre-deposit requirement for the Cenvat Credit demand, interest, and penalty. Recovery of the amounts was stayed pending appeal disposal, emphasizing the appellant's right to choose the applicable exemption notification without being compelled by the Department's interpretation. en-us Tue, 23 Apr 2013 00:00:00 +0530 Wed, 21 Aug 2013 17:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235214 The tribunal ruled in favor of the appellant, finding that they had a strong prima facie case in their favor regarding the availing of Cenvat Credit on capital goods while benefiting from two exemption notifications. The tribunal held that the appellant had the discretion to choose the more beneficial option between the notifications and waived the pre-deposit requirement for the Cenvat Credit demand, interest, and penalty. Recovery of the amounts was stayed pending appeal disposal, emphasizing the appellant's right to choose the applicable exemption notification without being compelled by the Department's interpretation. Case-Laws Central Excise Tue, 23 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235214