https://www.taxtmi.com/caselaws?id=346411 The High Court upheld the Tribunal's decision regarding availing CENVAT Credit on common input services and the requirement to maintain separate books of accounts. The Tribunal's acceptance of the calculation and setting aside of the penalty order were deemed appropriate based on compliance with Rule 6 of the CENVAT Credit Rules. The appeal was dismissed, affirming the Tribunal's ruling on the calculation and penalty order, emphasizing the importance of complying with the rules and maintaining accurate accounts to avoid penalties. en-us Thu, 06 Jul 2017 00:00:00 +0530 Mon, 12 Feb 2018 17:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346411 The High Court upheld the Tribunal's decision regarding availing CENVAT Credit on common input services and the requirement to maintain separate books of accounts. The Tribunal's acceptance of the calculation and setting aside of the penalty order were deemed appropriate based on compliance with Rule 6 of the CENVAT Credit Rules. The appeal was dismissed, affirming the Tribunal's ruling on the calculation and penalty order, emphasizing the importance of complying with the rules and maintaining accurate accounts to avoid penalties. Case-Laws Central Excise Thu, 06 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346411