https://www.taxtmi.com/caselaws?id=265011 The Tribunal held in favor of the appellant, a manufacturer of color television sets, in a case concerning the reversal of Special Additional Duty (SAD) on imported inputs. The appellant rectified a software error that led to non-payment of SAD, maintaining excess credit in their Cenvat account. Relying on a favorable judgment from their Pune unit and citing time limitations, the Tribunal deemed the demand for duty, interest, and penalty as time-barred. The Tribunal found the interest demand unjustified due to the appellant's sufficient credit balance, and penalty imposition was deemed inappropriate. The appellant's appeal was settled in their favor. en-us Mon, 27 Jul 2015 00:00:00 +0530 Mon, 05 Oct 2015 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=265011 The Tribunal held in favor of the appellant, a manufacturer of color television sets, in a case concerning the reversal of Special Additional Duty (SAD) on imported inputs. The appellant rectified a software error that led to non-payment of SAD, maintaining excess credit in their Cenvat account. Relying on a favorable judgment from their Pune unit and citing time limitations, the Tribunal deemed the demand for duty, interest, and penalty as time-barred. The Tribunal found the interest demand unjustified due to the appellant's sufficient credit balance, and penalty imposition was deemed inappropriate. The appellant's appeal was settled in their favor. Case-Laws Central Excise Mon, 27 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=265011