https://www.taxtmi.com/caselaws?id=342454 The Appellate Tribunal CESTAT Mumbai ruled in favor of M/s Reliance Media World Ltd in a case involving the disallowance of CENVAT credit, recovery with interest, and penalty under section 78 of the Finance Act, 1994. The tribunal held that there was no justification for invoking rule 6(3) of the CENVAT Credit Rules, 2004 to disallow any portion of the availed credit. Consequently, the recovery was deemed to fail, the appeal was allowed, and the impugned order was set aside, with the cross-objection disposed of in favor of the appellant. en-us Thu, 30 Mar 2017 00:00:00 +0530 Fri, 10 Nov 2017 10:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342454 The Appellate Tribunal CESTAT Mumbai ruled in favor of M/s Reliance Media World Ltd in a case involving the disallowance of CENVAT credit, recovery with interest, and penalty under section 78 of the Finance Act, 1994. The tribunal held that there was no justification for invoking rule 6(3) of the CENVAT Credit Rules, 2004 to disallow any portion of the availed credit. Consequently, the recovery was deemed to fail, the appeal was allowed, and the impugned order was set aside, with the cross-objection disposed of in favor of the appellant. Case-Laws Service Tax Thu, 30 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342454