https://www.taxtmi.com/caselaws?id=386883 The Tribunal allowed the appeal, setting aside the demand for reversal of cenvat credit on inputs at the time of unit closure. It found Rule 3(5) inapplicable as no inputs were removed, instead applying Rule 11 of the Cenvat Credit Rules, 2004. The Tribunal clarified the distinction between the rules and emphasized the obligation to reverse unutilized credit on exempt final products. The decision favored the appellant, highlighting misapplication of rules and norms by the Revenue, leading to the demand being set aside and granting of relief, including refund of pre-deposits. en-us Wed, 09 Oct 2019 00:00:00 +0530 Fri, 11 Oct 2019 11:29:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386883 The Tribunal allowed the appeal, setting aside the demand for reversal of cenvat credit on inputs at the time of unit closure. It found Rule 3(5) inapplicable as no inputs were removed, instead applying Rule 11 of the Cenvat Credit Rules, 2004. The Tribunal clarified the distinction between the rules and emphasized the obligation to reverse unutilized credit on exempt final products. The decision favored the appellant, highlighting misapplication of rules and norms by the Revenue, leading to the demand being set aside and granting of relief, including refund of pre-deposits. Case-Laws Central Excise Wed, 09 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386883