https://www.taxtmi.com/caselaws?id=243204 The Tribunal ruled in favor of the appellant, waiving the duty demand, interest, and penalty imposed by the Assistant Commissioner. It held that Cenvat credit taken on inputs and input services, not on excise duty for POP moulds, exempted the appellant from paying excise duty on the sale of POP scrap. The Tribunal found Rule 3(5A) of the Cenvat Credit Rules, 2004 inapplicable as the POP moulds did not qualify as cenvated capital goods. Consequently, the appellant's appeal was allowed, and recovery of duty demand, interest, and penalty was stayed pending appeal disposal. en-us Fri, 03 Aug 2012 00:00:00 +0530 Mon, 27 Jan 2014 21:45:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243204 The Tribunal ruled in favor of the appellant, waiving the duty demand, interest, and penalty imposed by the Assistant Commissioner. It held that Cenvat credit taken on inputs and input services, not on excise duty for POP moulds, exempted the appellant from paying excise duty on the sale of POP scrap. The Tribunal found Rule 3(5A) of the Cenvat Credit Rules, 2004 inapplicable as the POP moulds did not qualify as cenvated capital goods. Consequently, the appellant's appeal was allowed, and recovery of duty demand, interest, and penalty was stayed pending appeal disposal. Case-Laws Service Tax Fri, 03 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243204