https://www.taxtmi.com/caselaws?id=344827 The Tribunal partially allowed the appeal, ruling that the Cenvat Credit on countervailing duty (CVD) debited in the DEPB Passbook, exempted under Notification No.34/97-Cus., was not admissible based on a prior decision. The demand for the extended period was deemed unsustainable as there was no suppression of fact by the appellant, leading to the setting aside of the penalty under Section 11AC. en-us Tue, 30 May 2017 00:00:00 +0530 Thu, 29 Jun 2017 12:51:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344827 The Tribunal partially allowed the appeal, ruling that the Cenvat Credit on countervailing duty (CVD) debited in the DEPB Passbook, exempted under Notification No.34/97-Cus., was not admissible based on a prior decision. The demand for the extended period was deemed unsustainable as there was no suppression of fact by the appellant, leading to the setting aside of the penalty under Section 11AC. Case-Laws Central Excise Tue, 30 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344827