https://www.taxtmi.com/caselaws?id=370013 The Tribunal held that the appellant, a subsidiary of Coal India Ltd., was justified in not reversing Cenvat Credit on inputs cleared to sister units due to a revenue-neutral scenario post-centralized registration. The Tribunal applied the doctrine of Revenue neutrality, considering the excess credit utilized by sister units for excise duty payments. As a result, the extended period of limitation was not applicable, leading to the setting aside of the impugned orders and allowing the appeal with consequential relief. en-us Thu, 01 Nov 2018 00:00:00 +0530 Wed, 07 Nov 2018 08:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370013 The Tribunal held that the appellant, a subsidiary of Coal India Ltd., was justified in not reversing Cenvat Credit on inputs cleared to sister units due to a revenue-neutral scenario post-centralized registration. The Tribunal applied the doctrine of Revenue neutrality, considering the excess credit utilized by sister units for excise duty payments. As a result, the extended period of limitation was not applicable, leading to the setting aside of the impugned orders and allowing the appeal with consequential relief. Case-Laws Central Excise Thu, 01 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370013