https://www.taxtmi.com/caselaws?id=326077 The Tribunal ruled in favor of the Assessee, determining that the three divisions of the company should be considered separate only from the date of issuance of separate Registration Certificates on 23.09.2009. The transfer and utilization of Cenvat Credit from one unit to the Assessee were deemed legal. The extended period of limitation for demanding duty was found inapplicable due to no intent to evade duty. Penalties on the Assessee and its authorized signatory were set aside as their actions were compliant with the law. The appeals were allowed, dismissing the demand for Cenvat Credit, interest, and penalties. en-us Wed, 03 Feb 2016 00:00:00 +0530 Fri, 04 Nov 2016 14:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326077 The Tribunal ruled in favor of the Assessee, determining that the three divisions of the company should be considered separate only from the date of issuance of separate Registration Certificates on 23.09.2009. The transfer and utilization of Cenvat Credit from one unit to the Assessee were deemed legal. The extended period of limitation for demanding duty was found inapplicable due to no intent to evade duty. Penalties on the Assessee and its authorized signatory were set aside as their actions were compliant with the law. The appeals were allowed, dismissing the demand for Cenvat Credit, interest, and penalties. Case-Laws Central Excise Wed, 03 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326077