https://www.taxtmi.com/caselaws?id=239672 Periodic reversal of Cenvat credit relatable to exempted clearances, when reflected in ER-1 returns, was treated as a strong basis for waiver of recovery pending appeal. The record showed no clear allegation of short reversal in the show cause notices and no cogent support for the department's computation of alleged short payment. On that material, the demand was found prima facie unsustainable, and the time-bar plea was also supported because the relevant facts were disclosed in the returns. Complete waiver of recovery and stay against recovery of the confirmed dues were granted pending appeal. en-us Mon, 30 Sep 2013 00:00:00 +0530 Tue, 19 Nov 2013 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239672 Periodic reversal of Cenvat credit relatable to exempted clearances, when reflected in ER-1 returns, was treated as a strong basis for waiver of recovery pending appeal. The record showed no clear allegation of short reversal in the show cause notices and no cogent support for the department's computation of alleged short payment. On that material, the demand was found prima facie unsustainable, and the time-bar plea was also supported because the relevant facts were disclosed in the returns. Complete waiver of recovery and stay against recovery of the confirmed dues were granted pending appeal. Case-Laws Central Excise Mon, 30 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239672