https://www.taxtmi.com/caselaws?id=377725 The Tribunal concluded that the demand raised by the department could not be sustained on merits or on the grounds of limitation. The impugned order was set aside, and the appeal was allowed with consequential benefits as per law. The Tribunal emphasized that the requirement to exercise the option for reversing proportionate credit is procedural and not mandatory, and the appellants had sufficiently complied with the provisions of Rule 6 (3) of CENVAT Credit Rules, 2004. en-us Mon, 18 Mar 2019 00:00:00 +0530 Wed, 03 Apr 2019 06:26:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377725 The Tribunal concluded that the demand raised by the department could not be sustained on merits or on the grounds of limitation. The impugned order was set aside, and the appeal was allowed with consequential benefits as per law. The Tribunal emphasized that the requirement to exercise the option for reversing proportionate credit is procedural and not mandatory, and the appellants had sufficiently complied with the provisions of Rule 6 (3) of CENVAT Credit Rules, 2004. Case-Laws Central Excise Mon, 18 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377725