https://www.taxtmi.com/caselaws?id=239109 The appellant, engaged in manufacturing iron and steel products, claimed cenvat credit for certain steel items but was deemed ineligible. The original authority upheld the demand and imposed a penalty. However, the Commissioner (Appeals) ruled in favor of the appellant, setting aside the penalty due to no suppression of facts and finding the longer limitation period inapplicable. The appellant was granted a waiver of pre-deposit and a stay on recovery until the appeal's resolution, primarily due to the favorable decision on the limitation issue. en-us Fri, 12 Jul 2013 00:00:00 +0530 Tue, 05 Nov 2013 10:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239109 The appellant, engaged in manufacturing iron and steel products, claimed cenvat credit for certain steel items but was deemed ineligible. The original authority upheld the demand and imposed a penalty. However, the Commissioner (Appeals) ruled in favor of the appellant, setting aside the penalty due to no suppression of facts and finding the longer limitation period inapplicable. The appellant was granted a waiver of pre-deposit and a stay on recovery until the appeal's resolution, primarily due to the favorable decision on the limitation issue. Case-Laws Central Excise Fri, 12 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239109