https://www.taxtmi.com/caselaws?id=340622 The Tribunal ruled in favor of the appellant, setting aside the demand notice for recovery of CENVAT credit along with interest and penalty. The appellant successfully demonstrated the availability of inputs in stock at the time of availing the credit, supported by evidence including a Chartered Engineer's Certificate. The Tribunal found the appellant's claim acceptable, as the Revenue failed to provide contrary evidence. Consequently, the appeal was allowed, and the appellant was granted relief regarding the correct availing of CENVAT credit on inputs after surpassing the exemption limit. en-us Thu, 16 Feb 2017 00:00:00 +0530 Fri, 24 Mar 2017 08:08:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340622 The Tribunal ruled in favor of the appellant, setting aside the demand notice for recovery of CENVAT credit along with interest and penalty. The appellant successfully demonstrated the availability of inputs in stock at the time of availing the credit, supported by evidence including a Chartered Engineer's Certificate. The Tribunal found the appellant's claim acceptable, as the Revenue failed to provide contrary evidence. Consequently, the appeal was allowed, and the appellant was granted relief regarding the correct availing of CENVAT credit on inputs after surpassing the exemption limit. Case-Laws Central Excise Thu, 16 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340622