https://www.taxtmi.com/caselaws?id=344348 The Tribunal upheld the decision of the Commr. of Central Excise & Service Tax, Patna, allowing the respondent to use unutilized CENVAT Credit for paying Central Excise duty on Sugar. Relying on Rule 3(4) of the Cenvat Credit Rules, 2004, and legal precedents, the Tribunal emphasized the validity of utilizing CENVAT Credit for duty payment on final products like Sugar. The Tribunal dismissed the Revenue's appeal, citing the indefeasibility of CENVAT Credit once validly taken, equating it to tax paid, and emphasizing its importance to manufacturers. en-us Thu, 06 Apr 2017 00:00:00 +0530 Fri, 22 Sep 2017 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344348 The Tribunal upheld the decision of the Commr. of Central Excise & Service Tax, Patna, allowing the respondent to use unutilized CENVAT Credit for paying Central Excise duty on Sugar. Relying on Rule 3(4) of the Cenvat Credit Rules, 2004, and legal precedents, the Tribunal emphasized the validity of utilizing CENVAT Credit for duty payment on final products like Sugar. The Tribunal dismissed the Revenue's appeal, citing the indefeasibility of CENVAT Credit once validly taken, equating it to tax paid, and emphasizing its importance to manufacturers. Case-Laws Central Excise Thu, 06 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344348