https://www.taxtmi.com/caselaws?id=240431 The appellants in this case successfully argued for their entitlement to take back the equivalent amount of Cenvat credit voluntarily paid in compliance with Rule 6(3)(c) of the Cenvat Credit Rules. Despite procedural violations in availing the credit, the Tribunal ruled in favor of the appellants, allowing them to retain the credit taken after payment of excess Cenvat credit. The demand for repayment and interest was set aside, but a penalty under Rule 14(iii) was upheld, resulting in a partial allowance of the appeal. en-us Thu, 07 Jul 2011 00:00:00 +0530 Tue, 03 Dec 2013 21:06:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240431 The appellants in this case successfully argued for their entitlement to take back the equivalent amount of Cenvat credit voluntarily paid in compliance with Rule 6(3)(c) of the Cenvat Credit Rules. Despite procedural violations in availing the credit, the Tribunal ruled in favor of the appellants, allowing them to retain the credit taken after payment of excess Cenvat credit. The demand for repayment and interest was set aside, but a penalty under Rule 14(iii) was upheld, resulting in a partial allowance of the appeal. Case-Laws Service Tax Thu, 07 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240431