https://www.taxtmi.com/caselaws?id=374385 The tribunal upheld the demand of Rs. 1,20,52,945/- for Issue 3 concerning the incorrect reversal of CENVAT credit attributable to exempted goods. Issues 4, 5, and 6 were remanded for reworking the credit. Penalties for all issues were set aside, as the appellant had sufficient credit balance, reversed credits during the investigation, and errors were due to legal interpretation or clerical mistakes. The appeal was disposed of accordingly. en-us Thu, 31 Jan 2019 00:00:00 +0530 Fri, 01 Feb 2019 07:28:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374385 The tribunal upheld the demand of Rs. 1,20,52,945/- for Issue 3 concerning the incorrect reversal of CENVAT credit attributable to exempted goods. Issues 4, 5, and 6 were remanded for reworking the credit. Penalties for all issues were set aside, as the appellant had sufficient credit balance, reversed credits during the investigation, and errors were due to legal interpretation or clerical mistakes. The appeal was disposed of accordingly. Case-Laws Central Excise Thu, 31 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374385