https://www.taxtmi.com/caselaws?id=362421 The Tribunal ruled in favor of the appellants, M/s Oil India Ltd., in the appeal concerning the demand of Cenvat credit under Rule 6(3) of CCR, 2004 for exempted goods clearance. The Tribunal set aside the demand under Rule 6(3) and revoked the penalty imposed by the Revenue, granting consequential benefits to the appellants. The decision was based on the retrospective effect of Rule 6(3) amendments and the appellants' compliance with court orders in reversing the proportionate credit, providing relief by overturning the Revenue's demands and penalties. en-us Wed, 06 Jun 2018 00:00:00 +0530 Tue, 26 Jun 2018 08:32:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362421 The Tribunal ruled in favor of the appellants, M/s Oil India Ltd., in the appeal concerning the demand of Cenvat credit under Rule 6(3) of CCR, 2004 for exempted goods clearance. The Tribunal set aside the demand under Rule 6(3) and revoked the penalty imposed by the Revenue, granting consequential benefits to the appellants. The decision was based on the retrospective effect of Rule 6(3) amendments and the appellants' compliance with court orders in reversing the proportionate credit, providing relief by overturning the Revenue's demands and penalties. Case-Laws Central Excise Wed, 06 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362421