https://www.taxtmi.com/caselaws?id=351220 The Tribunal upheld the Commissioner's decision, dismissing the Revenue's appeal and finding the appellant not liable for any penalty. The Tribunal agreed with the Commissioner that the shortages were negligible, attributing them to various factors such as accounting errors and complexities in material handling. As there was no evidence of diversion or misuse of inputs, the demand for reversal of CENVAT Credit based on inventory shortages was deemed unwarranted. The appellant's entitlement to CENVAT Credit was upheld, and the impugned order was maintained. en-us Mon, 06 Nov 2017 00:00:00 +0530 Wed, 20 Dec 2017 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351220 The Tribunal upheld the Commissioner's decision, dismissing the Revenue's appeal and finding the appellant not liable for any penalty. The Tribunal agreed with the Commissioner that the shortages were negligible, attributing them to various factors such as accounting errors and complexities in material handling. As there was no evidence of diversion or misuse of inputs, the demand for reversal of CENVAT Credit based on inventory shortages was deemed unwarranted. The appellant's entitlement to CENVAT Credit was upheld, and the impugned order was maintained. Case-Laws Central Excise Mon, 06 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351220