https://www.taxtmi.com/caselaws?id=4263 The Tribunal clarified that Rule 8 of the Central Excise Rules does not apply to duty payment based on Price Variation Bills. The duty demand, penalty, and interest imposed on the appellants were set aside, as they followed the prescribed payment method at the time of goods removal. The appellants' use of Cenvat credit for duty payment against PVB was deemed permissible, akin to the precedent set in Bharat Heavy Electricals Ltd. Consequently, the appeal was allowed with consequential relief, overturning the decisions of the adjudicating authority and the Commissioner (Appeals). en-us Mon, 29 Oct 2007 00:00:00 +0530 Mon, 23 Jun 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4263 The Tribunal clarified that Rule 8 of the Central Excise Rules does not apply to duty payment based on Price Variation Bills. The duty demand, penalty, and interest imposed on the appellants were set aside, as they followed the prescribed payment method at the time of goods removal. The appellants' use of Cenvat credit for duty payment against PVB was deemed permissible, akin to the precedent set in Bharat Heavy Electricals Ltd. Consequently, the appeal was allowed with consequential relief, overturning the decisions of the adjudicating authority and the Commissioner (Appeals). Case-Laws Central Excise Mon, 29 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4263