https://www.taxtmi.com/caselaws?id=359973 The appellant successfully contested the penalty imposition under Section 11 AC of the Central Excise Act, 1944, and justified the availing of CENVAT credit on MS Drums for repacking Styrene Monomer. The Tribunal upheld the appellant's argument, setting aside the penalty imposed by the Adjudicating Authority. The Revenue's appeal was rejected, with the Tribunal emphasizing that the denial of CENVAT credit on MS Drums was incorrect. The appellant's appeal was partly allowed, and the Revenue's appeal was dismissed, aligning with the precedent established in a similar case. en-us Tue, 20 Feb 2018 00:00:00 +0530 Tue, 08 May 2018 08:03:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359973 The appellant successfully contested the penalty imposition under Section 11 AC of the Central Excise Act, 1944, and justified the availing of CENVAT credit on MS Drums for repacking Styrene Monomer. The Tribunal upheld the appellant's argument, setting aside the penalty imposed by the Adjudicating Authority. The Revenue's appeal was rejected, with the Tribunal emphasizing that the denial of CENVAT credit on MS Drums was incorrect. The appellant's appeal was partly allowed, and the Revenue's appeal was dismissed, aligning with the precedent established in a similar case. Case-Laws Central Excise Tue, 20 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359973