https://www.taxtmi.com/caselaws?id=241212 The Tribunal allowed the Revenue's appeal on the admissibility of cenvat credit on Low Sulphur Heavy Stock (LSHS) used for steam and electricity generation in the manufacture of fertilizer. The Tribunal held that the respondent was not eligible for the credit based on a Supreme Court decision. However, the Tribunal ruled in favor of the respondent regarding the imposition of a penalty, citing the complexity of Cenvat Credit Rules and lack of justification for penalties. en-us Tue, 14 May 2013 00:00:00 +0530 Wed, 05 Aug 2015 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241212 The Tribunal allowed the Revenue's appeal on the admissibility of cenvat credit on Low Sulphur Heavy Stock (LSHS) used for steam and electricity generation in the manufacture of fertilizer. The Tribunal held that the respondent was not eligible for the credit based on a Supreme Court decision. However, the Tribunal ruled in favor of the respondent regarding the imposition of a penalty, citing the complexity of Cenvat Credit Rules and lack of justification for penalties. Case-Laws Central Excise Tue, 14 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241212