https://www.taxtmi.com/caselaws?id=290372 The Tribunal allowed the appeals filed by the appellants, citing that the exemption under notification No. 30/2004-CE was conditional, not requiring the reversal of Cenvat Credit as per Rule 11(3)(ii) of the Cenvat Credit Rules, 2004. The Tribunal emphasized compliance with Rule 11(3)(i) and previous decisions, concluding that the appellants were not obligated to reverse the accumulated credit balance. Consequently, the Tribunal dismissed the Revenue's appeal due to the amount involved falling below a specified threshold and set aside the order, affirming the admissibility of the Cenvat Credit without requiring its reversal. en-us Mon, 16 Dec 2019 00:00:00 +0530 Tue, 22 Sep 2020 19:00:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290372 The Tribunal allowed the appeals filed by the appellants, citing that the exemption under notification No. 30/2004-CE was conditional, not requiring the reversal of Cenvat Credit as per Rule 11(3)(ii) of the Cenvat Credit Rules, 2004. The Tribunal emphasized compliance with Rule 11(3)(i) and previous decisions, concluding that the appellants were not obligated to reverse the accumulated credit balance. Consequently, the Tribunal dismissed the Revenue's appeal due to the amount involved falling below a specified threshold and set aside the order, affirming the admissibility of the Cenvat Credit without requiring its reversal. Case-Laws Central Excise Mon, 16 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290372