https://www.taxtmi.com/caselaws?id=362779 The Tribunal ruled in favor of the appellants, finding that they were not obligated to pay the amount specified in Rule 6(3)(i) for not filing the declaration under Rule 6(3A) of the Cenvat Credit Rules, 2004. The Tribunal held that the demand was not legal or proper, as the failure to intimate the option did not preclude the appellants from availing the second option of reversing the credit. Additionally, the Tribunal noted that the demand was time-barred and that the Revenue's allegation of suppression of facts was unfounded. As a result, the impugned order was set aside, and the appeal was allowed with consequential reliefs. en-us Wed, 04 Apr 2018 00:00:00 +0530 Wed, 04 Jul 2018 09:24:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362779 The Tribunal ruled in favor of the appellants, finding that they were not obligated to pay the amount specified in Rule 6(3)(i) for not filing the declaration under Rule 6(3A) of the Cenvat Credit Rules, 2004. The Tribunal held that the demand was not legal or proper, as the failure to intimate the option did not preclude the appellants from availing the second option of reversing the credit. Additionally, the Tribunal noted that the demand was time-barred and that the Revenue's allegation of suppression of facts was unfounded. As a result, the impugned order was set aside, and the appeal was allowed with consequential reliefs. Case-Laws Central Excise Wed, 04 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362779