https://www.taxtmi.com/caselaws?id=378900 The Tribunal upheld the Commissioner (Appeals)'s decision, dismissing the Revenue's appeals. The Tribunal found that the company was entitled to take suo-motu credit for duty paid in error, as it had rectified the mistake by paying back the rebate and interest. The extended period of limitation was deemed inapplicable, and penalties imposed on the company and its Director were set aside. The Tribunal concluded that the show cause notice was misconceived and an abuse of the Central Excise Act, affirming the company's entitlement to the credit. en-us Tue, 23 Apr 2019 00:00:00 +0530 Mon, 24 Feb 2020 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378900 The Tribunal upheld the Commissioner (Appeals)'s decision, dismissing the Revenue's appeals. The Tribunal found that the company was entitled to take suo-motu credit for duty paid in error, as it had rectified the mistake by paying back the rebate and interest. The extended period of limitation was deemed inapplicable, and penalties imposed on the company and its Director were set aside. The Tribunal concluded that the show cause notice was misconceived and an abuse of the Central Excise Act, affirming the company's entitlement to the credit. Case-Laws Central Excise Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378900