https://www.taxtmi.com/caselaws?id=241570 The delay in filing the appeal was condoned by the Tribunal based on directions from the High Court, allowing the appeal to proceed. The demand for payment of 10% of the value of finished goods under Rule 6(3)(b) of CENVAT Credit Rules, 2004 was confirmed by the Commissioner, leading to a recovery order and penalty. The Tribunal noted the amendment to Rule 6(3)(b) post-April 2008, which provided payment options based on a formula. The applicant's compliance with the reversal of CENVAT credit was found inadequate, leading to a direction for further deposit pending compliance and appeal disposal. en-us Mon, 25 Feb 2013 00:00:00 +0530 Fri, 27 Dec 2013 13:02:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241570 The delay in filing the appeal was condoned by the Tribunal based on directions from the High Court, allowing the appeal to proceed. The demand for payment of 10% of the value of finished goods under Rule 6(3)(b) of CENVAT Credit Rules, 2004 was confirmed by the Commissioner, leading to a recovery order and penalty. The Tribunal noted the amendment to Rule 6(3)(b) post-April 2008, which provided payment options based on a formula. The applicant's compliance with the reversal of CENVAT credit was found inadequate, leading to a direction for further deposit pending compliance and appeal disposal. Case-Laws Central Excise Mon, 25 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241570