https://www.taxtmi.com/caselaws?id=246210 The court ruled in favor of the authorities in two stay applications involving a domestic manufacturer and a 100% EOU facing duty demands and penalties for transferring inputs without reversing Cenvat credit. The judgment emphasized the importance of complying with Notification No. 22/2003-C.E., stating that the benefit cannot be extended to inputs transferred without direct procurement. The court clarified the application of Rule 16(2) and dismissed arguments based on Rule 3(6), directing the deposit of the duty amount within eight weeks while waiving pre-deposit of penalties. en-us Fri, 04 Jan 2013 00:00:00 +0530 Sat, 19 Apr 2014 10:22:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246210 The court ruled in favor of the authorities in two stay applications involving a domestic manufacturer and a 100% EOU facing duty demands and penalties for transferring inputs without reversing Cenvat credit. The judgment emphasized the importance of complying with Notification No. 22/2003-C.E., stating that the benefit cannot be extended to inputs transferred without direct procurement. The court clarified the application of Rule 16(2) and dismissed arguments based on Rule 3(6), directing the deposit of the duty amount within eight weeks while waiving pre-deposit of penalties. Case-Laws Central Excise Fri, 04 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246210