https://www.taxtmi.com/caselaws?id=350399 The Tribunal dismissed the Revenue's appeal, upholding the respondent's position on the availment of CENVAT credit for exempted and dutiable goods. The Tribunal found that the respondent correctly reversed the credit before the show-cause notice, in line with provisions of the Finance Act, 2010, and paid interest, leading to the conclusion that the credit reversal equated to non-availment. Legal precedents were cited to support this decision, and the Tribunal disposed of the cross objection, affirming the respondent's stance. en-us Fri, 13 Oct 2017 00:00:00 +0530 Mon, 06 Nov 2017 08:46:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350399 The Tribunal dismissed the Revenue's appeal, upholding the respondent's position on the availment of CENVAT credit for exempted and dutiable goods. The Tribunal found that the respondent correctly reversed the credit before the show-cause notice, in line with provisions of the Finance Act, 2010, and paid interest, leading to the conclusion that the credit reversal equated to non-availment. Legal precedents were cited to support this decision, and the Tribunal disposed of the cross objection, affirming the respondent's stance. Case-Laws Central Excise Fri, 13 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350399