https://www.taxtmi.com/caselaws?id=360295 The Commissioner (Appeals) modified the Order-in-Original, holding the appellants liable for trading imported scrap without separate accounts, imposing penalties under Rule 15(1) of Cenvat Credit Rules, 2004. The appellant successfully argued compliance with Rule 3(5) by reversing credit at input clearance, supported by legal precedents. The Tribunal overturned the order, ruling the appellant, a manufacturer, did not engage in trading activities, as clearing inputs under Rule 3(5) did not constitute trading. The appeal was allowed based on the appellant's adherence to the rules and legal precedents cited. en-us Thu, 01 Mar 2018 00:00:00 +0530 Tue, 15 May 2018 07:12:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360295 The Commissioner (Appeals) modified the Order-in-Original, holding the appellants liable for trading imported scrap without separate accounts, imposing penalties under Rule 15(1) of Cenvat Credit Rules, 2004. The appellant successfully argued compliance with Rule 3(5) by reversing credit at input clearance, supported by legal precedents. The Tribunal overturned the order, ruling the appellant, a manufacturer, did not engage in trading activities, as clearing inputs under Rule 3(5) did not constitute trading. The appeal was allowed based on the appellant's adherence to the rules and legal precedents cited. Case-Laws Central Excise Thu, 01 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360295