https://www.taxtmi.com/caselaws?id=370147 The Tribunal set aside the impugned order denying CENVAT credit to M/s Akzo Nobel India Ltd on 'speciality polymers' re-packed and re-labelled before clearance. Relying on precedent, the Tribunal held that since the duty paid exceeded the credit availed, the appellant was not obligated to reverse the credit. The penalty imposition was deemed unsustainable, and the appeal was allowed, providing consequential relief to the appellant. The judgment was pronounced on 06/11/2018. en-us Tue, 06 Nov 2018 00:00:00 +0530 Mon, 12 Nov 2018 07:05:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370147 The Tribunal set aside the impugned order denying CENVAT credit to M/s Akzo Nobel India Ltd on 'speciality polymers' re-packed and re-labelled before clearance. Relying on precedent, the Tribunal held that since the duty paid exceeded the credit availed, the appellant was not obligated to reverse the credit. The penalty imposition was deemed unsustainable, and the appeal was allowed, providing consequential relief to the appellant. The judgment was pronounced on 06/11/2018. Case-Laws Central Excise Tue, 06 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370147