https://www.taxtmi.com/caselaws?id=329112 The High Court set aside the Tribunal's order in a case involving the availment of CENVAT credit for Research and Development purposes, classification of R&D as a factory, recovery of credit under CCR-2004, penalty liability under CENVAT Credit Rules, interest recovery on inadmissible credit, and the need for reasoned orders. The High Court remanded the matter for a well-reasoned decision, emphasizing the importance of proper justifications and speaking orders in line with legal principles. en-us Mon, 29 Feb 2016 00:00:00 +0530 Fri, 09 Sep 2016 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329112 The High Court set aside the Tribunal's order in a case involving the availment of CENVAT credit for Research and Development purposes, classification of R&D as a factory, recovery of credit under CCR-2004, penalty liability under CENVAT Credit Rules, interest recovery on inadmissible credit, and the need for reasoned orders. The High Court remanded the matter for a well-reasoned decision, emphasizing the importance of proper justifications and speaking orders in line with legal principles. Case-Laws Central Excise Mon, 29 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329112