https://www.taxtmi.com/caselaws?id=369726 The Tribunal allowed the appeal, overturning the denial of CENVAT credit to the appellant for inputs imported under an advance license scheme post-settlement before the Settlement Commission. The Tribunal held that settlement before the Commission did not preclude availing CENVAT credit, as it was not an admission of guilt. Relying on precedents and legal interpretations, the Tribunal emphasized that denying credit on settled amounts would effectively reopen resolved issues. The Settlement Commission's order was considered a settlement, not an adjudication, permitting the appellant to avail CENVAT credit. en-us Mon, 10 Sep 2018 00:00:00 +0530 Fri, 02 Nov 2018 13:39:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369726 The Tribunal allowed the appeal, overturning the denial of CENVAT credit to the appellant for inputs imported under an advance license scheme post-settlement before the Settlement Commission. The Tribunal held that settlement before the Commission did not preclude availing CENVAT credit, as it was not an admission of guilt. Relying on precedents and legal interpretations, the Tribunal emphasized that denying credit on settled amounts would effectively reopen resolved issues. The Settlement Commission's order was considered a settlement, not an adjudication, permitting the appellant to avail CENVAT credit. Case-Laws Central Excise Mon, 10 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369726