https://www.taxtmi.com/caselaws?id=256036 The Tribunal ruled in favor of the applicants, allowing their Cenvat credit claim and overturning the penalty imposed for lack of endorsement on the Bill of Entries. The judgment highlighted the practical fulfillment of the endorsement requirement, emphasizing the substance of transactions over technicalities in Cenvat credit matters. The Tribunal found the Revenue's objection unjustified, considering the applicants' receipt of goods, duty paid status, and supporting documentation from importers. The applicants were granted relief without the need for pre-deposit of duty and penalty, with the Tribunal emphasizing the importance of a pragmatic approach in such cases. en-us Fri, 28 Feb 2014 00:00:00 +0530 Mon, 02 Feb 2015 21:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256036 The Tribunal ruled in favor of the applicants, allowing their Cenvat credit claim and overturning the penalty imposed for lack of endorsement on the Bill of Entries. The judgment highlighted the practical fulfillment of the endorsement requirement, emphasizing the substance of transactions over technicalities in Cenvat credit matters. The Tribunal found the Revenue's objection unjustified, considering the applicants' receipt of goods, duty paid status, and supporting documentation from importers. The applicants were granted relief without the need for pre-deposit of duty and penalty, with the Tribunal emphasizing the importance of a pragmatic approach in such cases. Case-Laws Central Excise Fri, 28 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256036