https://www.taxtmi.com/caselaws?id=355979 The Tribunal allowed the appeal in favor of the appellant, holding that the appellant should be considered as not having availed the credit, thereby entitling them to the benefit of Notification No. 1/2011-CE. The Tribunal emphasized that once Cenvat credit is reversed, it is deemed as not availed ab initio, aligning with legal precedents. The judgment underscored the importance of timely rectification and compliance with notification conditions to avail concessional duty benefits under the law. en-us Wed, 21 Feb 2018 00:00:00 +0530 Fri, 23 Mar 2018 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355979 The Tribunal allowed the appeal in favor of the appellant, holding that the appellant should be considered as not having availed the credit, thereby entitling them to the benefit of Notification No. 1/2011-CE. The Tribunal emphasized that once Cenvat credit is reversed, it is deemed as not availed ab initio, aligning with legal precedents. The judgment underscored the importance of timely rectification and compliance with notification conditions to avail concessional duty benefits under the law. Case-Laws Central Excise Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355979