https://www.taxtmi.com/caselaws?id=382501 The Tribunal ruled in favor of the appellants in an appeal against confirmed duty demand, denial of credit, and imposition of penalties. The main appellant, engaged in manufacturing ingots, was denied cenvat credit for alleged unsuitable raw materials. The Tribunal found the Revenue lacked concrete evidence of diversion or non-usage, emphasizing the need for substantial evidence. Referring to a similar case, the Tribunal set aside the order, allowed the appeals, and held no penalties were imposable. The decision highlighted the importance of providing concrete evidence in cases of credit denial, leading to a favorable outcome for the appellants. en-us Thu, 23 May 2019 00:00:00 +0530 Fri, 05 Jul 2019 06:06:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382501 The Tribunal ruled in favor of the appellants in an appeal against confirmed duty demand, denial of credit, and imposition of penalties. The main appellant, engaged in manufacturing ingots, was denied cenvat credit for alleged unsuitable raw materials. The Tribunal found the Revenue lacked concrete evidence of diversion or non-usage, emphasizing the need for substantial evidence. Referring to a similar case, the Tribunal set aside the order, allowed the appeals, and held no penalties were imposable. The decision highlighted the importance of providing concrete evidence in cases of credit denial, leading to a favorable outcome for the appellants. Case-Laws Central Excise Thu, 23 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382501