https://www.taxtmi.com/caselaws?id=275247 The appeal filed by the Commissioner of Central Excise and Service Tax, Ghaziabad challenging the imposition of duty, interest, and penalty on M/s. Bhushan Steel Ltd. for alleged excess CENVAT credit availed on inputs from M/s. Tata Steel Ltd. was dismissed. The Court found that the discount provided by Tata Steel did not contain a duty element requiring Bhushan Steel to reverse the CENVAT credit. As Tata Steel did not claim extra duty on the reduced price, the imposition of duty, interest, and penalty on Bhushan Steel was deemed unjustified. The Court emphasized factual findings and negotiations between the parties in determining duty liability. en-us Wed, 27 Apr 2016 00:00:00 +0530 Tue, 25 Sep 2018 08:21:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275247 The appeal filed by the Commissioner of Central Excise and Service Tax, Ghaziabad challenging the imposition of duty, interest, and penalty on M/s. Bhushan Steel Ltd. for alleged excess CENVAT credit availed on inputs from M/s. Tata Steel Ltd. was dismissed. The Court found that the discount provided by Tata Steel did not contain a duty element requiring Bhushan Steel to reverse the CENVAT credit. As Tata Steel did not claim extra duty on the reduced price, the imposition of duty, interest, and penalty on Bhushan Steel was deemed unjustified. The Court emphasized factual findings and negotiations between the parties in determining duty liability. Case-Laws Central Excise Wed, 27 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275247