https://www.taxtmi.com/caselaws?id=361551 The Tribunal ruled in favor of the appellants, finding that their activity of removing goods with reversed credit under Rule 3(5) of the Cenvat Credit Rules did not constitute trading as an exempted service. The Tribunal distinguished this situation from normal trading activities, emphasizing that the goods were cleared on payment of duty, not without credit or duty payment. Therefore, the demand for payment, interest, and penalties was deemed unsustainable, and the impugned order was set aside, granting relief to the appellants. en-us Wed, 06 Jun 2018 00:00:00 +0530 Tue, 28 Aug 2018 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361551 The Tribunal ruled in favor of the appellants, finding that their activity of removing goods with reversed credit under Rule 3(5) of the Cenvat Credit Rules did not constitute trading as an exempted service. The Tribunal distinguished this situation from normal trading activities, emphasizing that the goods were cleared on payment of duty, not without credit or duty payment. Therefore, the demand for payment, interest, and penalties was deemed unsustainable, and the impugned order was set aside, granting relief to the appellants. Case-Laws Central Excise Wed, 06 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361551