https://www.taxtmi.com/caselaws?id=239929 The Tribunal ruled in favor of the appellant, directing them to deposit a specified amount within a set timeframe and report compliance. The denial of Cenvat Credit for plastic pallets was upheld, but a re-quantification of the demand was ordered. The Tribunal held that the steel items used for fabrication of capital goods were eligible for Cenvat Credit based on a previous Larger Bench decision. It also ruled that the extended period of limitation could not be applied by the Revenue due to ambiguity in the interpretation of law before the Larger Bench's ruling. The pre-deposit of the balance amount of duty was waived, and its recovery stayed during the appeal process. en-us Thu, 13 Jun 2013 00:00:00 +0530 Sat, 17 Aug 2013 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239929 The Tribunal ruled in favor of the appellant, directing them to deposit a specified amount within a set timeframe and report compliance. The denial of Cenvat Credit for plastic pallets was upheld, but a re-quantification of the demand was ordered. The Tribunal held that the steel items used for fabrication of capital goods were eligible for Cenvat Credit based on a previous Larger Bench decision. It also ruled that the extended period of limitation could not be applied by the Revenue due to ambiguity in the interpretation of law before the Larger Bench's ruling. The pre-deposit of the balance amount of duty was waived, and its recovery stayed during the appeal process. Case-Laws Central Excise Thu, 13 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239929