https://www.taxtmi.com/caselaws?id=341411 The Tribunal held that the appellant must reverse the CENVAT Credit on inputs written off from the Books of Account, even before the insertion of sub-rule (5B). The Tribunal rejected the appellant's arguments regarding the change in law and upheld the Revenue's stance on the suppression of facts, leading to the invocation of the extended period and penalty imposition. Consequently, the Tribunal upheld the impugned orders and dismissed the appeals. en-us Fri, 31 Mar 2017 00:00:00 +0530 Sat, 06 May 2017 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341411 The Tribunal held that the appellant must reverse the CENVAT Credit on inputs written off from the Books of Account, even before the insertion of sub-rule (5B). The Tribunal rejected the appellant's arguments regarding the change in law and upheld the Revenue's stance on the suppression of facts, leading to the invocation of the extended period and penalty imposition. Consequently, the Tribunal upheld the impugned orders and dismissed the appeals. Case-Laws Central Excise Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341411