https://www.taxtmi.com/caselaws?id=246396 The Tribunal found in favor of the appellants in a dispute over the interpretation of Rule 6(3) of the Cenvat Credit Rules. It directed a reassessment of the input credit to be reversed, setting aside the original order and remanding the matter for proper determination. The Tribunal emphasized the need for proper calculation and disclosure of reasons by the Commissioner before demanding payment under Rule 6(3), especially after the retrospective amendment. The order granted a waiver for pre-deposit of dues and ensured compliance with the amended rules and principles of natural justice. en-us Mon, 27 Feb 2012 00:00:00 +0530 Sun, 20 Apr 2014 16:13:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246396 The Tribunal found in favor of the appellants in a dispute over the interpretation of Rule 6(3) of the Cenvat Credit Rules. It directed a reassessment of the input credit to be reversed, setting aside the original order and remanding the matter for proper determination. The Tribunal emphasized the need for proper calculation and disclosure of reasons by the Commissioner before demanding payment under Rule 6(3), especially after the retrospective amendment. The order granted a waiver for pre-deposit of dues and ensured compliance with the amended rules and principles of natural justice. Case-Laws Central Excise Mon, 27 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246396