https://www.taxtmi.com/caselaws?id=389292 The Tribunal allowed the appellant's appeal, setting aside the Commissioner's decision. It was determined that the appellant's mistake in availing excess CENVAT credit was bona fide, and as the sister concern had reversed the same amount, the transaction was revenue neutral. The Tribunal found no suppression of facts or mis-declaration, concluding that the demand for credit reversal was not sustainable on merit or limitation grounds. en-us Tue, 26 Nov 2019 00:00:00 +0530 Thu, 05 Dec 2019 10:44:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389292 The Tribunal allowed the appellant's appeal, setting aside the Commissioner's decision. It was determined that the appellant's mistake in availing excess CENVAT credit was bona fide, and as the sister concern had reversed the same amount, the transaction was revenue neutral. The Tribunal found no suppression of facts or mis-declaration, concluding that the demand for credit reversal was not sustainable on merit or limitation grounds. Case-Laws Central Excise Tue, 26 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389292