https://www.taxtmi.com/caselaws?id=368567 The Tribunal allowed the appeal filed by the appellant, a former 100% EOU, regarding the availment of CENVAT credit on ineligible documents. The Tribunal emphasized that the appellants had followed the necessary procedures, including obtaining a discharge certificate under the VCES scheme before taking input service credit in the CENVAT account. The Tribunal found that the appellants acted reasonably and lawfully in availing the credit, setting aside the lower authorities' decisions. The case underscores the significance of complying with prescribed procedures and obtaining required certificates before claiming tax credits. en-us Fri, 05 Oct 2018 00:00:00 +0530 Thu, 11 Oct 2018 09:11:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368567 The Tribunal allowed the appeal filed by the appellant, a former 100% EOU, regarding the availment of CENVAT credit on ineligible documents. The Tribunal emphasized that the appellants had followed the necessary procedures, including obtaining a discharge certificate under the VCES scheme before taking input service credit in the CENVAT account. The Tribunal found that the appellants acted reasonably and lawfully in availing the credit, setting aside the lower authorities' decisions. The case underscores the significance of complying with prescribed procedures and obtaining required certificates before claiming tax credits. Case-Laws Central Excise Fri, 05 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368567