https://www.taxtmi.com/caselaws?id=352496 The Tribunal upheld the denial of CENVAT credit on inputs used in manufacturing exempted final products, confirming the demand for irregularly availed credit but allowing appropriation from the reversed amount. The appellant's argument for setting aside the demand due to lack of penalty for suppression was rejected. The Tribunal upheld the demand for irregularly availed credit, dismissing the appeal and disposing of the Cross Objection in line with the main appeal decision. The appellant was ordered a refund/re-credit of the balance amount after deduction of irregularly availed credit. en-us Thu, 14 Dec 2017 00:00:00 +0530 Thu, 15 Feb 2018 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352496 The Tribunal upheld the denial of CENVAT credit on inputs used in manufacturing exempted final products, confirming the demand for irregularly availed credit but allowing appropriation from the reversed amount. The appellant's argument for setting aside the demand due to lack of penalty for suppression was rejected. The Tribunal upheld the demand for irregularly availed credit, dismissing the appeal and disposing of the Cross Objection in line with the main appeal decision. The appellant was ordered a refund/re-credit of the balance amount after deduction of irregularly availed credit. Case-Laws Central Excise Thu, 14 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352496