https://www.taxtmi.com/caselaws?id=287978 The appellant successfully obtained the benefit of reversal of proportionate credit under Rule 6(3A) of the Cenvat Credit Rules, 2004 with retrospective effect. The Tribunal ruled in favor of the appellant, granting them the benefit of proportionate reversal with interest for the disputed period. Additionally, the appellant was relieved of the liability for maintaining a common account of cenvat credit and was granted the benefit they sought under Rule 6(3AA). Furthermore, the appellant prevailed in the matter of central excise duty on the subsidy granted under the 'Industrial Promotion Scheme of the State'. The appeal was allowed, and the appellant received the consequential benefits per the Tribunal's rulings. en-us Wed, 13 Mar 2019 00:00:00 +0530 Wed, 13 May 2020 09:50:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287978 The appellant successfully obtained the benefit of reversal of proportionate credit under Rule 6(3A) of the Cenvat Credit Rules, 2004 with retrospective effect. The Tribunal ruled in favor of the appellant, granting them the benefit of proportionate reversal with interest for the disputed period. Additionally, the appellant was relieved of the liability for maintaining a common account of cenvat credit and was granted the benefit they sought under Rule 6(3AA). Furthermore, the appellant prevailed in the matter of central excise duty on the subsidy granted under the 'Industrial Promotion Scheme of the State'. The appeal was allowed, and the appellant received the consequential benefits per the Tribunal's rulings. Case-Laws Central Excise Wed, 13 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287978