https://www.taxtmi.com/caselaws?id=368045 The Tribunal upheld the Commissioner (Appeals) decision in favor of the respondent, ruling that opting for conditional exemption under Notification No. 30/2004 falls under Rule 11(3)(i) of the Cenvat Credit Rules, 2004. The Tribunal found that in cases of conditional exemption, the cenvat credit balance does not lapse, as per Rule 11(3)(i), rejecting the Revenue's appeals and maintaining the impugned order. en-us Thu, 13 Sep 2018 00:00:00 +0530 Mon, 01 Oct 2018 08:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368045 The Tribunal upheld the Commissioner (Appeals) decision in favor of the respondent, ruling that opting for conditional exemption under Notification No. 30/2004 falls under Rule 11(3)(i) of the Cenvat Credit Rules, 2004. The Tribunal found that in cases of conditional exemption, the cenvat credit balance does not lapse, as per Rule 11(3)(i), rejecting the Revenue's appeals and maintaining the impugned order. Case-Laws Central Excise Thu, 13 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368045