https://www.taxtmi.com/caselaws?id=400785 Cenvat credit on cement, TMT bar, beams, angles, channels, joists and related inward transportation service was admissible for the period up to 06/07/2009 because the amended input definition was not applied to deny pre-amendment credit, and the disapproved Larger Bench view could not govern the controversy. For the period after 07/07/2009, penalty was not justified because substantial credit had already been reversed and the dispute remained one of statutory interpretation; deliberate suppression was not established. The ruling therefore accepted credit for the pre-amendment period and rejected penalty on the facts. en-us Thu, 22 Oct 2020 00:00:00 +0530 Mon, 21 Dec 2020 13:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400785 Cenvat credit on cement, TMT bar, beams, angles, channels, joists and related inward transportation service was admissible for the period up to 06/07/2009 because the amended input definition was not applied to deny pre-amendment credit, and the disapproved Larger Bench view could not govern the controversy. For the period after 07/07/2009, penalty was not justified because substantial credit had already been reversed and the dispute remained one of statutory interpretation; deliberate suppression was not established. The ruling therefore accepted credit for the pre-amendment period and rejected penalty on the facts. Case-Laws Central Excise Thu, 22 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400785