https://www.taxtmi.com/caselaws?id=368497 The Appellate Tribunal CESTAT NEW DELHI ruled in favor of the company, holding that the demand for duty, interest, and penalty under Rule 6(3) of the Cenvat Credit Rules was unjustified. The tribunal found that the company had correctly reversed the Cenvat credit for common input services used for both dutiable and exempted activities. The appeal was allowed, emphasizing the importance of compliance with the rules and proper application of Cenvat credit. The judgment underscores the necessity of accurate documentation and ensuring that demands for duty are based on the actual utilization of credit in different activities. en-us Mon, 17 Sep 2018 00:00:00 +0530 Wed, 10 Oct 2018 09:07:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368497 The Appellate Tribunal CESTAT NEW DELHI ruled in favor of the company, holding that the demand for duty, interest, and penalty under Rule 6(3) of the Cenvat Credit Rules was unjustified. The tribunal found that the company had correctly reversed the Cenvat credit for common input services used for both dutiable and exempted activities. The appeal was allowed, emphasizing the importance of compliance with the rules and proper application of Cenvat credit. The judgment underscores the necessity of accurate documentation and ensuring that demands for duty are based on the actual utilization of credit in different activities. Case-Laws Central Excise Mon, 17 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368497