https://www.taxtmi.com/caselaws?id=352954 The Tribunal upheld the Department's decision in the case involving M/s Continental Engines Limited. It ruled that duty payment for goods cleared from the EOU should be in cash, not through cenvat credit, as per Cenvat Credit Rules. The Tribunal also found the Foundry Division's cenvat credit claim on duty paid by the Machining Division to be incorrect. Ultimately, penalties were affirmed for both divisions, emphasizing compliance with duty payment regulations and proper cenvat credit utilization. en-us Fri, 22 Dec 2017 00:00:00 +0530 Thu, 21 Feb 2019 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352954 The Tribunal upheld the Department's decision in the case involving M/s Continental Engines Limited. It ruled that duty payment for goods cleared from the EOU should be in cash, not through cenvat credit, as per Cenvat Credit Rules. The Tribunal also found the Foundry Division's cenvat credit claim on duty paid by the Machining Division to be incorrect. Ultimately, penalties were affirmed for both divisions, emphasizing compliance with duty payment regulations and proper cenvat credit utilization. Case-Laws Central Excise Fri, 22 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352954