https://www.taxtmi.com/caselaws?id=235559 The appellant sought waiver of in-eligible CENVAT Credit, interest, and penalty on Central Excise duty paid on certain items. The dispute centered on whether the items in question were eligible for CENVAT Credit as capital goods or not. The judge, noting the appellant's consistent stance and lack of contradictory evidence, found in favor of the appellant. Citing the appellant's bonafide belief and previous tribunal decisions supporting their position, the judge allowed the application for waiver of the disputed amounts and stayed the recovery pending the appeal's final disposal. en-us Thu, 20 Jun 2013 00:00:00 +0530 Sat, 27 Jul 2013 07:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235559 The appellant sought waiver of in-eligible CENVAT Credit, interest, and penalty on Central Excise duty paid on certain items. The dispute centered on whether the items in question were eligible for CENVAT Credit as capital goods or not. The judge, noting the appellant's consistent stance and lack of contradictory evidence, found in favor of the appellant. Citing the appellant's bonafide belief and previous tribunal decisions supporting their position, the judge allowed the application for waiver of the disputed amounts and stayed the recovery pending the appeal's final disposal. Case-Laws Central Excise Thu, 20 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235559