https://www.taxtmi.com/caselaws?id=365704 The Tribunal allowed the appeal, emphasizing the importance of promptly reversing wrongly availed credits to comply with notification conditions. The appellant's reversal of the Cenvat credit before the show cause notice was issued played a crucial role in determining their entitlement to the exemption notification. The decision aligned with past judgments stressing strict compliance with notification conditions, as highlighted in the Chandrapur Magnet Wires case. The Tribunal's ruling was based on established legal precedents and the need for timely rectification of errors in availing credits. en-us Fri, 10 Aug 2018 00:00:00 +0530 Wed, 22 Aug 2018 08:05:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365704 The Tribunal allowed the appeal, emphasizing the importance of promptly reversing wrongly availed credits to comply with notification conditions. The appellant's reversal of the Cenvat credit before the show cause notice was issued played a crucial role in determining their entitlement to the exemption notification. The decision aligned with past judgments stressing strict compliance with notification conditions, as highlighted in the Chandrapur Magnet Wires case. The Tribunal's ruling was based on established legal precedents and the need for timely rectification of errors in availing credits. Case-Laws Service Tax Fri, 10 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365704