https://www.taxtmi.com/caselaws?id=332834 The Tribunal allowed the appeal in a case concerning the validity of Cenvat credit on plastic laminated packing pouches used for Chewing Tobacco before a Supreme Court ban. The Tribunal held that the credit need not be reversed unless the inputs are cleared as such, setting aside the Show Cause Notice and granting the appellant consequential benefits under the law. Recovery of Cenvat credit under Rule 14 of Cenvat Credit Rules, 2004, along with interest and penalty, was also rejected by the Tribunal, which found the recovery beyond the rule's scope. The Tribunal set aside all orders and penalties, ultimately ruling in favor of the appellant. en-us Fri, 09 Sep 2016 00:00:00 +0530 Fri, 17 Nov 2017 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332834 The Tribunal allowed the appeal in a case concerning the validity of Cenvat credit on plastic laminated packing pouches used for Chewing Tobacco before a Supreme Court ban. The Tribunal held that the credit need not be reversed unless the inputs are cleared as such, setting aside the Show Cause Notice and granting the appellant consequential benefits under the law. Recovery of Cenvat credit under Rule 14 of Cenvat Credit Rules, 2004, along with interest and penalty, was also rejected by the Tribunal, which found the recovery beyond the rule's scope. The Tribunal set aside all orders and penalties, ultimately ruling in favor of the appellant. Case-Laws Central Excise Fri, 09 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332834