https://www.taxtmi.com/caselaws?id=330911 The Tribunal ruled in favor of the appellant, setting aside the demand and penalties, allowing the appeals with any consequential relief. The judgment emphasized that the appellant's payment of duty on cleared goods, equivalent to the cenvat credit taken, fulfilled legal requirements, rendering the demand baseless. The decision highlighted that the items not being inputs did not impact the treatment under cenvat provisions, as the appellant could operate as a trader within the framework. Notably, in the absence of duty demand, penalties were deemed inapplicable, concluding in favor of the appellant on both issues raised in the appeals. en-us Fri, 05 Aug 2016 00:00:00 +0530 Thu, 06 Apr 2017 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330911 The Tribunal ruled in favor of the appellant, setting aside the demand and penalties, allowing the appeals with any consequential relief. The judgment emphasized that the appellant's payment of duty on cleared goods, equivalent to the cenvat credit taken, fulfilled legal requirements, rendering the demand baseless. The decision highlighted that the items not being inputs did not impact the treatment under cenvat provisions, as the appellant could operate as a trader within the framework. Notably, in the absence of duty demand, penalties were deemed inapplicable, concluding in favor of the appellant on both issues raised in the appeals. Case-Laws Central Excise Fri, 05 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330911