https://www.taxtmi.com/caselaws?id=180750 The Tribunal ruled in favor of the assessee regarding the availed Cenvat credit on imported scrap and fraudulent Cenvat credit on re-rollable scrap. The demand for the shortage of inputs was set aside due to credible explanations provided by the assessee. Additionally, the denial of Cenvat credit on re-rollable material was overturned as the Revenue failed to provide sufficient evidence of diversion. The Tribunal confirmed a reduced demand against the assessee, imposed penalties, but did not penalize the Director and Excise In-charge. The Revenue's appeals were dismissed, and the assessee's appeal was allowed. en-us Fri, 05 Jun 2015 00:00:00 +0530 Fri, 01 Apr 2016 11:08:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180750 The Tribunal ruled in favor of the assessee regarding the availed Cenvat credit on imported scrap and fraudulent Cenvat credit on re-rollable scrap. The demand for the shortage of inputs was set aside due to credible explanations provided by the assessee. Additionally, the denial of Cenvat credit on re-rollable material was overturned as the Revenue failed to provide sufficient evidence of diversion. The Tribunal confirmed a reduced demand against the assessee, imposed penalties, but did not penalize the Director and Excise In-charge. The Revenue's appeals were dismissed, and the assessee's appeal was allowed. Case-Laws Central Excise Fri, 05 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180750