https://www.taxtmi.com/caselaws?id=341967 The Tribunal granted the applicant's miscellaneous application for the rectification of Final Order No.70218/2016, acknowledging the revenue neutrality aspect in the case. The Final Order was modified to set aside the balance tax confirmed and reduce the penalty amount under the relevant provisions. The Tribunal found that the appellant's technical breach of the Cenvat credit Rules did not result in any revenue loss, thus justifying the modifications made to the Final Order to ensure a fair outcome. en-us Fri, 10 Mar 2017 00:00:00 +0530 Fri, 14 Apr 2017 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341967 The Tribunal granted the applicant's miscellaneous application for the rectification of Final Order No.70218/2016, acknowledging the revenue neutrality aspect in the case. The Final Order was modified to set aside the balance tax confirmed and reduce the penalty amount under the relevant provisions. The Tribunal found that the appellant's technical breach of the Cenvat credit Rules did not result in any revenue loss, thus justifying the modifications made to the Final Order to ensure a fair outcome. Case-Laws Central Excise Fri, 10 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341967