https://www.taxtmi.com/caselaws?id=393765 The appellate tribunal upheld most demands against the appellant related to discrepancies in duty calculation and shortage of goods. However, it set aside the denial of CENVAT Credit on capital goods, citing the merger of companies as a basis for the appellant's claim. All penalties imposed were also overturned due to procedural irregularities. The judgment emphasized compliance with rules and the legal implications of mergers on asset transfers. en-us Wed, 19 Feb 2020 00:00:00 +0530 Fri, 19 Feb 2021 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393765 The appellate tribunal upheld most demands against the appellant related to discrepancies in duty calculation and shortage of goods. However, it set aside the denial of CENVAT Credit on capital goods, citing the merger of companies as a basis for the appellant's claim. All penalties imposed were also overturned due to procedural irregularities. The judgment emphasized compliance with rules and the legal implications of mergers on asset transfers. Case-Laws Central Excise Wed, 19 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393765