https://www.taxtmi.com/caselaws?id=252672 The tribunal ruled in favor of the appellant, an Input Service Distributor (ISD), in a case involving the distribution of Cenvat credit to manufacturing units. It held that the appellant was entitled to distribute credit without proportional allocation based on turnover during the disputed period. The tribunal also determined that proceedings for recovering Cenvat credit from both the ISD and manufacturing units amounted to duplication, leading to the waiver of penalties imposed on the ISD and the corporate office. The extended limitation period was deemed inapplicable due to the absence of willful misstatement or suppression of facts, resulting in the acceptance of the appeals without pre-deposit requirements. en-us Mon, 16 Jun 2014 00:00:00 +0530 Mon, 19 Jan 2015 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252672 The tribunal ruled in favor of the appellant, an Input Service Distributor (ISD), in a case involving the distribution of Cenvat credit to manufacturing units. It held that the appellant was entitled to distribute credit without proportional allocation based on turnover during the disputed period. The tribunal also determined that proceedings for recovering Cenvat credit from both the ISD and manufacturing units amounted to duplication, leading to the waiver of penalties imposed on the ISD and the corporate office. The extended limitation period was deemed inapplicable due to the absence of willful misstatement or suppression of facts, resulting in the acceptance of the appeals without pre-deposit requirements. Case-Laws Central Excise Mon, 16 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252672