https://www.taxtmi.com/caselaws?id=253304 The Bombay High Court condoned a 972-day delay in restoring an Appeal and proceeded to hear the case due to both parties' readiness. The Appeal challenging the Customs, Excise & Service Tax Appellate Tribunal's order was dismissed as the Tribunal's decision based on revenue neutrality principles was upheld. The Court emphasized the concept of revenue neutrality and Cenvat credit, concluding that demanding interest separately after duty neutralization was unjustified. The Appeal was dismissed without costs based on the Tribunal's valid interpretation and application of the Supreme Court judgment. en-us Mon, 10 Nov 2014 00:00:00 +0530 Tue, 18 Aug 2015 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253304 The Bombay High Court condoned a 972-day delay in restoring an Appeal and proceeded to hear the case due to both parties' readiness. The Appeal challenging the Customs, Excise & Service Tax Appellate Tribunal's order was dismissed as the Tribunal's decision based on revenue neutrality principles was upheld. The Court emphasized the concept of revenue neutrality and Cenvat credit, concluding that demanding interest separately after duty neutralization was unjustified. The Appeal was dismissed without costs based on the Tribunal's valid interpretation and application of the Supreme Court judgment. Case-Laws Central Excise Mon, 10 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253304