https://www.taxtmi.com/caselaws?id=556 The Tribunal upheld the Orders-in-Appeal, dismissing Revenue's appeals and affirming the decision not to reverse the credit already taken and utilized. The judgment clarified the application of Cenvat credit rules in cases of product exemption, emphasizing the validity and indefeasibility of credit once taken. It highlighted the importance of precedent cases and the hierarchy of decisions in resolving conflicting interpretations of law, ensuring consistency in the application of Cenvat credit rules for manufacturers of excisable goods. en-us Wed, 07 Dec 2005 00:00:00 +0530 Sun, 13 Apr 2008 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=556 The Tribunal upheld the Orders-in-Appeal, dismissing Revenue's appeals and affirming the decision not to reverse the credit already taken and utilized. The judgment clarified the application of Cenvat credit rules in cases of product exemption, emphasizing the validity and indefeasibility of credit once taken. It highlighted the importance of precedent cases and the hierarchy of decisions in resolving conflicting interpretations of law, ensuring consistency in the application of Cenvat credit rules for manufacturers of excisable goods. Case-Laws Central Excise Wed, 07 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=556