https://www.taxtmi.com/caselaws?id=354798 The Appellate Tribunal CESTAT Mumbai reversed the disallowance of CENVAT credit and penalty imposed on M/s Uttam Galva Steels Limited. The Tribunal emphasized that duty liability being discharged was more crucial than the credit availed on inputs in processes not amounting to manufacture. Relying on legal precedents, the Tribunal deemed the penalty unwarranted, highlighting the importance of adhering to duty payment regulations. The decision underscored the significance of compliance with legal principles governing CENVAT credit and duty liability. en-us Mon, 29 Jan 2018 00:00:00 +0530 Sat, 24 Feb 2018 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354798 The Appellate Tribunal CESTAT Mumbai reversed the disallowance of CENVAT credit and penalty imposed on M/s Uttam Galva Steels Limited. The Tribunal emphasized that duty liability being discharged was more crucial than the credit availed on inputs in processes not amounting to manufacture. Relying on legal precedents, the Tribunal deemed the penalty unwarranted, highlighting the importance of adhering to duty payment regulations. The decision underscored the significance of compliance with legal principles governing CENVAT credit and duty liability. Case-Laws Central Excise Mon, 29 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354798