https://www.taxtmi.com/caselaws?id=351372 The Tribunal upheld the order dropping proceedings against the respondent for allegedly exceeding the Cenvat Credit limit. The Revenue's appeal, challenging the dropping of the demand, amounting to INR 22,08,688, was dismissed. The Tribunal found that the respondent had correctly availed the Cenvat Credit within the permissible limit of 20% of input services credit as per return-wise calculation. The decision emphasized adherence to prescribed rules and procedures to avoid disputes and liabilities related to Cenvat Credit utilization. en-us Wed, 20 Sep 2017 00:00:00 +0530 Fri, 24 Nov 2017 06:25:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351372 The Tribunal upheld the order dropping proceedings against the respondent for allegedly exceeding the Cenvat Credit limit. The Revenue's appeal, challenging the dropping of the demand, amounting to INR 22,08,688, was dismissed. The Tribunal found that the respondent had correctly availed the Cenvat Credit within the permissible limit of 20% of input services credit as per return-wise calculation. The decision emphasized adherence to prescribed rules and procedures to avoid disputes and liabilities related to Cenvat Credit utilization. Case-Laws Service Tax Wed, 20 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351372