https://www.taxtmi.com/caselaws?id=367691 The Tribunal ruled in favor of the appellant, a sugar manufacturing company, in a case involving the alleged improper availment of credit on Iron and Steel items and shortages of sugar and scrap. The appellant voluntarily reversed the credit and duty related to shortages. The Tribunal found lack of evidence to support the allegations and set aside penalties imposed. Additionally, the demand of duty on the sale of Bagasse and Press mud was dismissed based on a Supreme Court judgment, aligning with legal precedent. The appeal was disposed of in favor of the appellant following legal principles and evidence presented. en-us Thu, 09 Aug 2018 00:00:00 +0530 Tue, 25 Sep 2018 08:22:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367691 The Tribunal ruled in favor of the appellant, a sugar manufacturing company, in a case involving the alleged improper availment of credit on Iron and Steel items and shortages of sugar and scrap. The appellant voluntarily reversed the credit and duty related to shortages. The Tribunal found lack of evidence to support the allegations and set aside penalties imposed. Additionally, the demand of duty on the sale of Bagasse and Press mud was dismissed based on a Supreme Court judgment, aligning with legal precedent. The appeal was disposed of in favor of the appellant following legal principles and evidence presented. Case-Laws Central Excise Thu, 09 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367691