https://www.taxtmi.com/caselaws?id=334493 The tribunal found in favor of the appellant, setting aside the demand for recovery of excess credit availed under the Cenvat Credit Rules, 2004. The appellant's recredit of the amount was deemed legitimate, supported by evidence of an initial error rectified promptly. The tribunal emphasized the technical nature of the adjustment and cited precedent to justify the appellant's actions. Consequently, the appeal was allowed, with the appellant required to deposit the credited amount for a specific period, while penalties were waived, and considerations were made for interest paid. en-us Fri, 28 Oct 2016 00:00:00 +0530 Tue, 15 Nov 2016 12:48:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334493 The tribunal found in favor of the appellant, setting aside the demand for recovery of excess credit availed under the Cenvat Credit Rules, 2004. The appellant's recredit of the amount was deemed legitimate, supported by evidence of an initial error rectified promptly. The tribunal emphasized the technical nature of the adjustment and cited precedent to justify the appellant's actions. Consequently, the appeal was allowed, with the appellant required to deposit the credited amount for a specific period, while penalties were waived, and considerations were made for interest paid. Case-Laws Central Excise Fri, 28 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334493