https://www.taxtmi.com/caselaws?id=363101 The Tribunal ruled in favor of the appellant in a case concerning the interpretation and application of the CENVAT Credit Rules, 2004. The appellant successfully contested the recovery of duty on exempted goods and the denial of the payment option under rule 6(3)(ii) due to noncompliance with rule 6(3A). The Tribunal emphasized the correct calculation of provisional tax based on the proportion of credit of inputs/input services to exempted output/services, setting aside the authorities' decision. The judgment highlighted the importance of complying with the rules for duty payment on exempted goods and adjusting CENVAT credit for inputs and input services used in exempt goods/services. en-us Mon, 12 Mar 2018 00:00:00 +0530 Mon, 09 Jul 2018 08:21:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363101 The Tribunal ruled in favor of the appellant in a case concerning the interpretation and application of the CENVAT Credit Rules, 2004. The appellant successfully contested the recovery of duty on exempted goods and the denial of the payment option under rule 6(3)(ii) due to noncompliance with rule 6(3A). The Tribunal emphasized the correct calculation of provisional tax based on the proportion of credit of inputs/input services to exempted output/services, setting aside the authorities' decision. The judgment highlighted the importance of complying with the rules for duty payment on exempted goods and adjusting CENVAT credit for inputs and input services used in exempt goods/services. Case-Laws Central Excise Mon, 12 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363101