https://www.taxtmi.com/caselaws?id=244172 The Tribunal allowed the appeal by M/s Essar Oil Ltd, holding that the denial of CENVAT Credit of Rs. 3,15,85,715/- was incorrect. The payment of the differential duty was considered a result of reassessment, making the credit admissible under Rule 9(1)(c) of the CENVAT Credit Rules, 2004. Consequently, the penalties and redemption fine imposed were set aside in favor of the appellant. en-us Thu, 16 Jan 2014 00:00:00 +0530 Tue, 02 Sep 2014 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244172 The Tribunal allowed the appeal by M/s Essar Oil Ltd, holding that the denial of CENVAT Credit of Rs. 3,15,85,715/- was incorrect. The payment of the differential duty was considered a result of reassessment, making the credit admissible under Rule 9(1)(c) of the CENVAT Credit Rules, 2004. Consequently, the penalties and redemption fine imposed were set aside in favor of the appellant. Case-Laws Central Excise Thu, 16 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244172