https://www.taxtmi.com/caselaws?id=176743 The Tribunal ruled in favor of the appellant, waiving the pre-deposit requirement for the appeal and staying the recovery of cenvat credit demand, interest, and penalty until the appeal's resolution. The Tribunal found that denial of cenvat credit on inputs used for manufacturing Purified Terepthelic Acid (PTA) was unjustified, as inputs were utilized for production of final products. The presence of work-in-progress and finished goods did not warrant credit denial, leading to the decision in favor of the appellant. en-us Mon, 30 Mar 2015 00:00:00 +0530 Mon, 28 Dec 2015 21:08:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176743 The Tribunal ruled in favor of the appellant, waiving the pre-deposit requirement for the appeal and staying the recovery of cenvat credit demand, interest, and penalty until the appeal's resolution. The Tribunal found that denial of cenvat credit on inputs used for manufacturing Purified Terepthelic Acid (PTA) was unjustified, as inputs were utilized for production of final products. The presence of work-in-progress and finished goods did not warrant credit denial, leading to the decision in favor of the appellant. Case-Laws Central Excise Mon, 30 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176743