https://www.taxtmi.com/caselaws?id=236551 The Tribunal allowed the appeal, setting aside the demand for reversal of Cenvat credit for work-in-progress goods destroyed in a fire incident. The Tribunal held that the destroyed goods were at intermediate manufacturing stages, not final products, and thus no credit reversal was necessary. Additionally, the Tribunal found the invocation of Rule 3(5B) and 3(5C) of Central Excise Credit Rules improper as they were introduced after the incident. The demand was also deemed time-barred due to the delayed issuance of the show cause notice, resulting in the appeal being allowed on both merits and limitation grounds. en-us Fri, 26 Apr 2013 00:00:00 +0530 Mon, 19 Aug 2013 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236551 The Tribunal allowed the appeal, setting aside the demand for reversal of Cenvat credit for work-in-progress goods destroyed in a fire incident. The Tribunal held that the destroyed goods were at intermediate manufacturing stages, not final products, and thus no credit reversal was necessary. Additionally, the Tribunal found the invocation of Rule 3(5B) and 3(5C) of Central Excise Credit Rules improper as they were introduced after the incident. The demand was also deemed time-barred due to the delayed issuance of the show cause notice, resulting in the appeal being allowed on both merits and limitation grounds. Case-Laws Central Excise Fri, 26 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236551