https://www.taxtmi.com/caselaws?id=347741 The Tribunal ruled in favor of the respondents in the appeal against the Order-in-Appeal regarding the recovery of Cenvat credit on steel items. The Commissioner (Appeals) set aside the demands, acknowledging the reversal of Cenvat credit before the Show Cause Notices were issued. Citing the Supreme Court ruling, the Tribunal held that reversing Cenvat credit before utilization equates to non-availment. Consequently, the Tribunal modified the Order-in-Appeal, deleting the appropriation of reversed credit against the demands. The demand for inadmissible Cenvat credit was set aside, and the Revenue's appeal was dismissed. en-us Fri, 11 Aug 2017 00:00:00 +0530 Mon, 11 Sep 2017 08:26:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347741 The Tribunal ruled in favor of the respondents in the appeal against the Order-in-Appeal regarding the recovery of Cenvat credit on steel items. The Commissioner (Appeals) set aside the demands, acknowledging the reversal of Cenvat credit before the Show Cause Notices were issued. Citing the Supreme Court ruling, the Tribunal held that reversing Cenvat credit before utilization equates to non-availment. Consequently, the Tribunal modified the Order-in-Appeal, deleting the appropriation of reversed credit against the demands. The demand for inadmissible Cenvat credit was set aside, and the Revenue's appeal was dismissed. Case-Laws Central Excise Fri, 11 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347741