https://www.taxtmi.com/caselaws?id=261581 The Tribunal concluded that the re-credit of CENVAT credit by the appellant was permissible, setting aside the demand, penalty, and interest imposed by the adjudicating authority and upheld by the Commissioner (Appeals). The Tribunal held that the re-credit was justified as a correction of an earlier debit made under departmental instruction without subsequent dispute, citing relevant case law and emphasizing that it was a book entry, not an actual financial transaction. The appellant was granted consequential relief, with the Tribunal highlighting that no refund claim under Section 11B was required for the re-credit. en-us Thu, 16 Apr 2015 00:00:00 +0530 Mon, 09 Nov 2015 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261581 The Tribunal concluded that the re-credit of CENVAT credit by the appellant was permissible, setting aside the demand, penalty, and interest imposed by the adjudicating authority and upheld by the Commissioner (Appeals). The Tribunal held that the re-credit was justified as a correction of an earlier debit made under departmental instruction without subsequent dispute, citing relevant case law and emphasizing that it was a book entry, not an actual financial transaction. The appellant was granted consequential relief, with the Tribunal highlighting that no refund claim under Section 11B was required for the re-credit. Case-Laws Central Excise Thu, 16 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261581