https://www.taxtmi.com/caselaws?id=345818 The appeal was filed against the order upholding the Order-in-Original but setting aside the penalty under Section 11AC of the Central Excise Act. The appellant had not availed CENVAT credit suo moto but had made an adjustment for the excess duty paid due to a clerical mistake in accordance with Rule 12BB applicable to Large Taxpayers Unit (LTU). The Judicial Member allowed the appeal, setting aside the impugned order and emphasizing the permissibility of self-adjustment under Rule 12BB, distinguishing the case from BDH Industries Ltd. case and highlighting the special privilege provided to LTUs under the Central Excise Rules 2002. en-us Tue, 14 Feb 2017 00:00:00 +0530 Fri, 28 Jul 2017 08:27:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345818 The appeal was filed against the order upholding the Order-in-Original but setting aside the penalty under Section 11AC of the Central Excise Act. The appellant had not availed CENVAT credit suo moto but had made an adjustment for the excess duty paid due to a clerical mistake in accordance with Rule 12BB applicable to Large Taxpayers Unit (LTU). The Judicial Member allowed the appeal, setting aside the impugned order and emphasizing the permissibility of self-adjustment under Rule 12BB, distinguishing the case from BDH Industries Ltd. case and highlighting the special privilege provided to LTUs under the Central Excise Rules 2002. Case-Laws Central Excise Tue, 14 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345818