https://www.taxtmi.com/caselaws?id=338235 The Tribunal allowed the appeal directing the appellant to deposit 8% of the goods' value sold to the Indian Navy to resolve the dispute over MODVAT credit disentitlement for goods sold under exemption. The lack of evidence supporting the exclusive use of input for exempted goods production and disagreement over the deposit amount led to the rejection of the settlement petition, allowing the Tribunal to review the case afresh. No penalty was imposed, and the appeal was granted concerning the directed deposit. en-us Thu, 27 Oct 2016 00:00:00 +0530 Mon, 30 Jan 2017 06:40:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338235 The Tribunal allowed the appeal directing the appellant to deposit 8% of the goods' value sold to the Indian Navy to resolve the dispute over MODVAT credit disentitlement for goods sold under exemption. The lack of evidence supporting the exclusive use of input for exempted goods production and disagreement over the deposit amount led to the rejection of the settlement petition, allowing the Tribunal to review the case afresh. No penalty was imposed, and the appeal was granted concerning the directed deposit. Case-Laws Central Excise Thu, 27 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338235