https://www.taxtmi.com/caselaws?id=370268 The Tribunal allowed the appeals filed by the Appellants, setting aside the impugned order and overturning the penalty imposed on the Deputy General Manager. It held that the Appellants rightly availed CENVAT Credit under Rule 16 of the Central Excise Rules, 2002 for returned goods used in refreshing cigarettes. The Tribunal emphasized that Rule 16 creates a legal fiction, treating returned goods as inputs, and rejected the Revenue's argument against the Appellants' eligibility for the credit. en-us Tue, 03 Apr 2018 00:00:00 +0530 Thu, 15 Nov 2018 07:24:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370268 The Tribunal allowed the appeals filed by the Appellants, setting aside the impugned order and overturning the penalty imposed on the Deputy General Manager. It held that the Appellants rightly availed CENVAT Credit under Rule 16 of the Central Excise Rules, 2002 for returned goods used in refreshing cigarettes. The Tribunal emphasized that Rule 16 creates a legal fiction, treating returned goods as inputs, and rejected the Revenue's argument against the Appellants' eligibility for the credit. Case-Laws Central Excise Tue, 03 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370268