https://www.taxtmi.com/caselaws?id=384012 The Tribunal ruled in favor of the appellant, a manufacturer of Polyester Texturised Yarn, in a dispute over the utilization of Cenvat credit. The appellant's utilization of credit was found to comply with Rule 11(3)(i) of the Cenvat Credit Rules, 2004, and aligned with previous judgments. The Tribunal emphasized the manufacturer's adherence to legal requirements and granted relief, overturning the order questioning the credit utilization. The appeal was allowed, highlighting the legitimacy of utilizing credit from the accumulated balance and the importance of consistent application of legal principles in similar cases. en-us Thu, 01 Aug 2019 00:00:00 +0530 Sat, 03 Aug 2019 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384012 The Tribunal ruled in favor of the appellant, a manufacturer of Polyester Texturised Yarn, in a dispute over the utilization of Cenvat credit. The appellant's utilization of credit was found to comply with Rule 11(3)(i) of the Cenvat Credit Rules, 2004, and aligned with previous judgments. The Tribunal emphasized the manufacturer's adherence to legal requirements and granted relief, overturning the order questioning the credit utilization. The appeal was allowed, highlighting the legitimacy of utilizing credit from the accumulated balance and the importance of consistent application of legal principles in similar cases. Case-Laws Central Excise Thu, 01 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384012