https://www.taxtmi.com/caselaws?id=349634 The appeal challenged the denial of CENVAT credit and imposition of penalty under Rule 14 of CENVAT Credit Rules, 2004. The Tribunal found that some disallowed credits were admissible, remanding the case for verification of certain materials' usage. Admissible credits for essential functions were allowed, while credits lacking usage proof were remanded for verification. The decision emphasized the need for substantiating credit usage and ensuring reasoned orders based on verified information. The remand process aimed at fair assessment and adherence to procedural requirements in tax matters. en-us Fri, 28 Jul 2017 00:00:00 +0530 Mon, 23 Oct 2017 08:18:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349634 The appeal challenged the denial of CENVAT credit and imposition of penalty under Rule 14 of CENVAT Credit Rules, 2004. The Tribunal found that some disallowed credits were admissible, remanding the case for verification of certain materials' usage. Admissible credits for essential functions were allowed, while credits lacking usage proof were remanded for verification. The decision emphasized the need for substantiating credit usage and ensuring reasoned orders based on verified information. The remand process aimed at fair assessment and adherence to procedural requirements in tax matters. Case-Laws Central Excise Fri, 28 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349634