https://www.taxtmi.com/caselaws?id=337152 The Tribunal ruled in favor of the appellant, setting aside the decision that confirmed demand, interest, and penalty related to irregular availment of CENVAT credit on inputs and capital goods. The Tribunal found the Show Cause Notice time-barred due to previous acceptance of credit on certain items, including MS items and welding electrodes. The appellant's eligibility for credit on these items was supported by relevant case law, leading to the decision in favor of the appellant on both limitation and merit grounds, allowing the appeal with consequential reliefs. en-us Wed, 07 Dec 2016 00:00:00 +0530 Tue, 10 Jan 2017 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337152 The Tribunal ruled in favor of the appellant, setting aside the decision that confirmed demand, interest, and penalty related to irregular availment of CENVAT credit on inputs and capital goods. The Tribunal found the Show Cause Notice time-barred due to previous acceptance of credit on certain items, including MS items and welding electrodes. The appellant's eligibility for credit on these items was supported by relevant case law, leading to the decision in favor of the appellant on both limitation and merit grounds, allowing the appeal with consequential reliefs. Case-Laws Central Excise Wed, 07 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337152