https://www.taxtmi.com/caselaws?id=343995 Where the governing CENVAT rule allows recredit after cancellation of an invoice and intimation to the proper officer by the next working day, the absence of any express outer time limit means delayed availment alone cannot justify denial. The Tribunal held that a time restriction cannot be read into the rule by implication, and that recredit remains permissible once the prescribed cancellation and intimation requirements are met. On that basis, denial of the recredit was unsustainable and the matter was decided in favour of the assessee. en-us Fri, 28 Apr 2017 00:00:00 +0530 Tue, 06 Jun 2017 07:23:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343995 Where the governing CENVAT rule allows recredit after cancellation of an invoice and intimation to the proper officer by the next working day, the absence of any express outer time limit means delayed availment alone cannot justify denial. The Tribunal held that a time restriction cannot be read into the rule by implication, and that recredit remains permissible once the prescribed cancellation and intimation requirements are met. On that basis, denial of the recredit was unsustainable and the matter was decided in favour of the assessee. Case-Laws Central Excise Fri, 28 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343995