https://www.taxtmi.com/caselaws?id=366104 The appellant, engaged in manufacturing additives for Lubricating oil, faced issues regarding the eligibility of Cenvat credit on inputs not fully used in the manufacturing process and claimed losses due to evaporation of inputs. The Tribunal upheld the demand for credit on inputs not fully utilized but deemed the penalty imposed as unwarranted, setting it aside. The impugned order was modified to set aside the penalty without disturbing the demand or interest, partially allowing the appeals with consequential reliefs, if any. en-us Mon, 11 Jun 2018 00:00:00 +0530 Thu, 30 Aug 2018 06:18:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366104 The appellant, engaged in manufacturing additives for Lubricating oil, faced issues regarding the eligibility of Cenvat credit on inputs not fully used in the manufacturing process and claimed losses due to evaporation of inputs. The Tribunal upheld the demand for credit on inputs not fully utilized but deemed the penalty imposed as unwarranted, setting it aside. The impugned order was modified to set aside the penalty without disturbing the demand or interest, partially allowing the appeals with consequential reliefs, if any. Case-Laws Central Excise Mon, 11 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366104