https://www.taxtmi.com/caselaws?id=332791 The Appellate Tribunal CESTAT ALLAHABAD ruled in favor of the appellant, a manufacturing company, in a case concerning Cenvat credit disallowance for the period June 2006 to March 2007. The Tribunal held that goods like angles, plates, channels, and joists were essential in the manufacturing process of welding electrodes, overturning the disallowance and granting consequential benefits. The Tribunal also found no malafide intention for imposing a penalty under Cenvat Credit Rules and deemed the penalty unjustified, ultimately setting aside the impugned order. The extended period of limitation was held inapplicable, emphasizing the importance of providing concrete evidence to support claims. en-us Thu, 11 Aug 2016 00:00:00 +0530 Fri, 21 Oct 2016 16:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332791 The Appellate Tribunal CESTAT ALLAHABAD ruled in favor of the appellant, a manufacturing company, in a case concerning Cenvat credit disallowance for the period June 2006 to March 2007. The Tribunal held that goods like angles, plates, channels, and joists were essential in the manufacturing process of welding electrodes, overturning the disallowance and granting consequential benefits. The Tribunal also found no malafide intention for imposing a penalty under Cenvat Credit Rules and deemed the penalty unjustified, ultimately setting aside the impugned order. The extended period of limitation was held inapplicable, emphasizing the importance of providing concrete evidence to support claims. Case-Laws Central Excise Thu, 11 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332791