https://www.taxtmi.com/caselaws?id=335433 The Tribunal dismissed the Revenue's appeal, upholding the impugned order that the reversal of CENVAT credit was not required in the case due to the absence of such a provision at the time of availing the credit. The judgment clarified the applicability of the reversal provision in the context of exemption notifications, emphasizing that the provision introduced later could not be applied retrospectively. This decision was supported by legal provisions and precedents, ensuring a fair outcome in the matter. en-us Mon, 24 Oct 2016 00:00:00 +0530 Fri, 17 Feb 2017 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335433 The Tribunal dismissed the Revenue's appeal, upholding the impugned order that the reversal of CENVAT credit was not required in the case due to the absence of such a provision at the time of availing the credit. The judgment clarified the applicability of the reversal provision in the context of exemption notifications, emphasizing that the provision introduced later could not be applied retrospectively. This decision was supported by legal provisions and precedents, ensuring a fair outcome in the matter. Case-Laws Central Excise Mon, 24 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335433