https://www.taxtmi.com/caselaws?id=170099 The appellate tribunal set aside the order confirming debit entry and interest, allowing the appeal by the appellants engaged in manufacturing Polyester Texturised Yarn. It was found that the credit availed by the appellant was legitimate, based on duty-paid invoices from the input supplier, unaffected by subsequent price reductions. The tribunal emphasized aligning credit availment with actual duty paid, concluding that denial of credit and confirmation of interest were unjustified. The decision highlighted the importance of adhering to legal provisions governing credit availment based on duty-paying documents issued by the input supplier. en-us Thu, 26 Aug 2010 00:00:00 +0530 Sat, 16 May 2015 16:05:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170099 The appellate tribunal set aside the order confirming debit entry and interest, allowing the appeal by the appellants engaged in manufacturing Polyester Texturised Yarn. It was found that the credit availed by the appellant was legitimate, based on duty-paid invoices from the input supplier, unaffected by subsequent price reductions. The tribunal emphasized aligning credit availment with actual duty paid, concluding that denial of credit and confirmation of interest were unjustified. The decision highlighted the importance of adhering to legal provisions governing credit availment based on duty-paying documents issued by the input supplier. Case-Laws Central Excise Thu, 26 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170099