https://www.taxtmi.com/caselaws?id=349808 The appellant, a manufacturer of industrial control valves, appealed against the rejection of their appeal by the Commissioner for alleged contravention of Cenvat Credit Rules. The appellant faced accusations of availing excess credit on capital goods and taking credit on investment casting dies and photocopies of invoices. The judicial member ruled in favor of the appellant, accepting their explanations for the discrepancies. The appellant was not held liable for interest and penalties, and the denied credit on input services was justified. The impugned order was set aside, granting relief to the appellant based on legal precedents and regulatory compliance. en-us Mon, 23 Oct 2017 00:00:00 +0530 Thu, 16 Nov 2017 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349808 The appellant, a manufacturer of industrial control valves, appealed against the rejection of their appeal by the Commissioner for alleged contravention of Cenvat Credit Rules. The appellant faced accusations of availing excess credit on capital goods and taking credit on investment casting dies and photocopies of invoices. The judicial member ruled in favor of the appellant, accepting their explanations for the discrepancies. The appellant was not held liable for interest and penalties, and the denied credit on input services was justified. The impugned order was set aside, granting relief to the appellant based on legal precedents and regulatory compliance. Case-Laws Central Excise Mon, 23 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349808