https://www.taxtmi.com/caselaws?id=243854 The Commissioner (Appeals) upheld the appellant's position in a case involving central excise duty non-payment and Cenvat credit utilization. The appellant's failure to pay duty beyond thirty days led to goods being cleared without payment. Despite penalty imposition initially, the Commissioner (Appeals) ruled in favor of the appellant, citing relevant case law precedent. Emphasizing adherence to Rule 8 and timely duty payment, the decision highlighted that once outstanding amounts are settled, the prohibition on credit utilization lifts. The Revenue's appeal was rejected, affirming the appellant's position. en-us Fri, 17 Jan 2014 00:00:00 +0530 Wed, 12 Feb 2014 13:49:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243854 The Commissioner (Appeals) upheld the appellant's position in a case involving central excise duty non-payment and Cenvat credit utilization. The appellant's failure to pay duty beyond thirty days led to goods being cleared without payment. Despite penalty imposition initially, the Commissioner (Appeals) ruled in favor of the appellant, citing relevant case law precedent. Emphasizing adherence to Rule 8 and timely duty payment, the decision highlighted that once outstanding amounts are settled, the prohibition on credit utilization lifts. The Revenue's appeal was rejected, affirming the appellant's position. Case-Laws Central Excise Fri, 17 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243854