https://www.taxtmi.com/caselaws?id=366273 The Tribunal allowed both appeals filed by the appellants, setting aside the confirmed demands and penalties imposed by the Commissioner (Appeals). The Tribunal held that the Cenvat credit availed under Rule 16 of Central Excise Rules, 2002, for goods brought back to the factory was permissible, rejecting the Revenue's contention that the credit was inadmissible under Rule 3 of Cenvat Credit Rules, 2004. The appellants were granted consequential relief, emphasizing that Rule 3 did not apply in this scenario, thereby clarifying the admissibility of Cenvat credit under the specific rules and provisions. en-us Fri, 13 Jul 2018 00:00:00 +0530 Sat, 01 Sep 2018 06:09:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366273 The Tribunal allowed both appeals filed by the appellants, setting aside the confirmed demands and penalties imposed by the Commissioner (Appeals). The Tribunal held that the Cenvat credit availed under Rule 16 of Central Excise Rules, 2002, for goods brought back to the factory was permissible, rejecting the Revenue's contention that the credit was inadmissible under Rule 3 of Cenvat Credit Rules, 2004. The appellants were granted consequential relief, emphasizing that Rule 3 did not apply in this scenario, thereby clarifying the admissibility of Cenvat credit under the specific rules and provisions. Case-Laws Central Excise Fri, 13 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366273