https://www.taxtmi.com/caselaws?id=252472 The Tribunal allowed the appeal by remanding the case back to the adjudicating authority for reconsideration. The appellant had wrongly availed 100% cenvat credit on capital goods but later discovered the error and reversed the excess amount. The Tribunal emphasized the importance of compliance with Rule 7C of the Rules and directed proper verification of records. The case outcome focused on the need for accurate compliance with tax rules and the requirement for thorough verification of records in tax matters. en-us Wed, 02 Jul 2014 00:00:00 +0530 Wed, 22 Oct 2014 13:53:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252472 The Tribunal allowed the appeal by remanding the case back to the adjudicating authority for reconsideration. The appellant had wrongly availed 100% cenvat credit on capital goods but later discovered the error and reversed the excess amount. The Tribunal emphasized the importance of compliance with Rule 7C of the Rules and directed proper verification of records. The case outcome focused on the need for accurate compliance with tax rules and the requirement for thorough verification of records in tax matters. Case-Laws Service Tax Wed, 02 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252472