https://www.taxtmi.com/caselaws?id=358242 The appellate tribunal ruled in favor of M/S PRS Permacel Pvt Ltd, setting aside the order-in-appeal regarding alleged excess MODVAT Credit on transferred machines. The decision emphasized the bar of limitation under section 11A of the Central Excise Act, 1944, stating the show cause notice issued well beyond the transfer date failed to meet criteria for extended recovery period. The judgment underscored timely duty-related demands and rejected Revenue's appeal against modified demand. The outcome favored the appellant, highlighting adherence to prescribed timelines and rejecting the Revenue's challenge, ultimately setting aside the impugned order. en-us Fri, 13 Oct 2017 00:00:00 +0530 Mon, 09 Apr 2018 07:44:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358242 The appellate tribunal ruled in favor of M/S PRS Permacel Pvt Ltd, setting aside the order-in-appeal regarding alleged excess MODVAT Credit on transferred machines. The decision emphasized the bar of limitation under section 11A of the Central Excise Act, 1944, stating the show cause notice issued well beyond the transfer date failed to meet criteria for extended recovery period. The judgment underscored timely duty-related demands and rejected Revenue's appeal against modified demand. The outcome favored the appellant, highlighting adherence to prescribed timelines and rejecting the Revenue's challenge, ultimately setting aside the impugned order. Case-Laws Central Excise Fri, 13 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358242