https://www.taxtmi.com/caselaws?id=256831 The Judge upheld the Commissioner (Appeals)'s order, rejecting the Revenue's appeal regarding the demand of National Calamity Contingent Duty (NCCD) on captively used Polyester Partially Oriented Filament Yarn (POY) and Polyester Fully Drawn Filament Yarn (FDY). The decision allowed the respondent to re-credit the amount in their Cenvat account based on the Commissioner (Appeals)'s order, setting aside the disallowance of Cenvat credit and penalty imposed by the Adjudicating Authority. The judgment emphasized adherence to previous Tribunal and Supreme Court decisions, highlighting the binding nature of Division Bench rulings on similar issues. en-us Wed, 07 Jan 2015 00:00:00 +0530 Mon, 23 Feb 2015 06:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256831 The Judge upheld the Commissioner (Appeals)'s order, rejecting the Revenue's appeal regarding the demand of National Calamity Contingent Duty (NCCD) on captively used Polyester Partially Oriented Filament Yarn (POY) and Polyester Fully Drawn Filament Yarn (FDY). The decision allowed the respondent to re-credit the amount in their Cenvat account based on the Commissioner (Appeals)'s order, setting aside the disallowance of Cenvat credit and penalty imposed by the Adjudicating Authority. The judgment emphasized adherence to previous Tribunal and Supreme Court decisions, highlighting the binding nature of Division Bench rulings on similar issues. Case-Laws Central Excise Wed, 07 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256831