https://www.taxtmi.com/caselaws?id=3106 The Tribunal allowed the appeal in favor of the appellants, holding that they were entitled to the benefit of Notification No. 30/2004-C.E. despite availing CENVAT credit on inputs for final products cleared without duty payment. The Tribunal emphasized the importance of reversing the credit on inputs and referred to previous cases supporting a similar approach. The penalty imposed under Rule 25 of the Central Excise Rules, 2002, was set aside, and the decision was based on the reversal of credit on inputs for exempted final products. en-us Wed, 14 Nov 2007 00:00:00 +0530 Wed, 16 Apr 2008 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3106 The Tribunal allowed the appeal in favor of the appellants, holding that they were entitled to the benefit of Notification No. 30/2004-C.E. despite availing CENVAT credit on inputs for final products cleared without duty payment. The Tribunal emphasized the importance of reversing the credit on inputs and referred to previous cases supporting a similar approach. The penalty imposed under Rule 25 of the Central Excise Rules, 2002, was set aside, and the decision was based on the reversal of credit on inputs for exempted final products. Case-Laws Central Excise Wed, 14 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3106