https://www.taxtmi.com/caselaws?id=380929 The Appellate Tribunal CESTAT Chennai ruled in a case involving alleged short payment of excise duty and wrongful availment of Cenvat credit. The Commissioner (Appeals) upheld the wrongful availment but did not find grounds for imposing a penalty. The dispute centered on whether the duty shortfall should be paid in cash only. The Tribunal emphasized the need for evidence of suppression or fraud to invoke an extended limitation period. Ultimately, the Tribunal found in favor of the appellants, setting aside the original order and allowing the appeal with any consequential benefits under the law. en-us Fri, 22 Mar 2019 00:00:00 +0530 Sat, 01 Jun 2019 07:53:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380929 The Appellate Tribunal CESTAT Chennai ruled in a case involving alleged short payment of excise duty and wrongful availment of Cenvat credit. The Commissioner (Appeals) upheld the wrongful availment but did not find grounds for imposing a penalty. The dispute centered on whether the duty shortfall should be paid in cash only. The Tribunal emphasized the need for evidence of suppression or fraud to invoke an extended limitation period. Ultimately, the Tribunal found in favor of the appellants, setting aside the original order and allowing the appeal with any consequential benefits under the law. Case-Laws Central Excise Fri, 22 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380929