https://www.taxtmi.com/caselaws?id=271439 The appeal was allowed as the Tribunal found the demand for contravention of Rule 8 (3A) of the Central Excise Rules, specifically regarding payment from the Cenvat Account during the default period, unsustainable. The Tribunal held that the demand based on utilization of CENVAT credit during the defaulted period was not tenable, following a decision by the Gujarat High Court. The impugned orders demanding Central Excise Duty and penalties were set aside due to the appellant's prompt rectification of the genuine mistake in failing to reverse Cenvat credit, in line with legal precedents. en-us Thu, 10 Sep 2015 00:00:00 +0530 Fri, 05 Feb 2016 20:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271439 The appeal was allowed as the Tribunal found the demand for contravention of Rule 8 (3A) of the Central Excise Rules, specifically regarding payment from the Cenvat Account during the default period, unsustainable. The Tribunal held that the demand based on utilization of CENVAT credit during the defaulted period was not tenable, following a decision by the Gujarat High Court. The impugned orders demanding Central Excise Duty and penalties were set aside due to the appellant's prompt rectification of the genuine mistake in failing to reverse Cenvat credit, in line with legal precedents. Case-Laws Central Excise Thu, 10 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271439