https://www.taxtmi.com/caselaws?id=354961 The Tribunal clarified that Rule 11 of Cenvat Credit Rules, 2004 applies in cases of absolute exemption of final products, emphasizing recovery of Cenvat Credit without provision for penalty imposition. The appeal by Revenue, seeking penalty under Rule 25 of Central Excise Rules, 2002, was rejected. The decision favored the respondent, upholding the Order-in-Appeal that set aside the penalty imposed by the Commissioner (Appeals). en-us Tue, 05 Dec 2017 00:00:00 +0530 Thu, 08 Feb 2018 07:46:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354961 The Tribunal clarified that Rule 11 of Cenvat Credit Rules, 2004 applies in cases of absolute exemption of final products, emphasizing recovery of Cenvat Credit without provision for penalty imposition. The appeal by Revenue, seeking penalty under Rule 25 of Central Excise Rules, 2002, was rejected. The decision favored the respondent, upholding the Order-in-Appeal that set aside the penalty imposed by the Commissioner (Appeals). Case-Laws Central Excise Tue, 05 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354961