https://www.taxtmi.com/caselaws?id=350940 The Tribunal allowed the appellant's appeal, setting aside the Commissioner(Appeals)'s order that had favored the Department. The dispute centered on the interpretation of Rule 6(1) of CENVAT Credit Rules, 2004, regarding the reversal of CENVAT credit when availing exemption. Citing relevant judicial precedents, the Tribunal held that the appellant's position aligning with the case law was correct. The Tribunal rejected the retrospective application of Rule 11(3) of CENVAT Credit Rules, 2004, and ruled in favor of the appellant, concluding that the impugned order was legally unsustainable. en-us Wed, 11 Oct 2017 00:00:00 +0530 Thu, 16 Nov 2017 07:02:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350940 The Tribunal allowed the appellant's appeal, setting aside the Commissioner(Appeals)'s order that had favored the Department. The dispute centered on the interpretation of Rule 6(1) of CENVAT Credit Rules, 2004, regarding the reversal of CENVAT credit when availing exemption. Citing relevant judicial precedents, the Tribunal held that the appellant's position aligning with the case law was correct. The Tribunal rejected the retrospective application of Rule 11(3) of CENVAT Credit Rules, 2004, and ruled in favor of the appellant, concluding that the impugned order was legally unsustainable. Case-Laws Central Excise Wed, 11 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350940