https://www.taxtmi.com/caselaws?id=253014 The Tribunal directed the applicant, a two-wheeler manufacturer, to make a pre-deposit of 10% of the total demand due to ineligibility to distribute Cenvat Credit attributable to exempted goods. The waiver of the remaining amount was contingent on compliance. The dispute also addressed the invocation of the extended period of limitation, with the Tribunal ruling in favor of the applicant due to the department's prior knowledge of the credit distribution. The decision emphasizes adherence to Cenvat Credit Rules and timely tax compliance to prevent penalties and interest. en-us Mon, 25 Aug 2014 00:00:00 +0530 Tue, 11 Nov 2014 19:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253014 The Tribunal directed the applicant, a two-wheeler manufacturer, to make a pre-deposit of 10% of the total demand due to ineligibility to distribute Cenvat Credit attributable to exempted goods. The waiver of the remaining amount was contingent on compliance. The dispute also addressed the invocation of the extended period of limitation, with the Tribunal ruling in favor of the applicant due to the department's prior knowledge of the credit distribution. The decision emphasizes adherence to Cenvat Credit Rules and timely tax compliance to prevent penalties and interest. Case-Laws Central Excise Mon, 25 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253014