https://www.taxtmi.com/caselaws?id=294645 The Tribunal ruled in favor of the Appellant, a manufacturer of motor vehicle parts, in a case challenging the disallowance of Cenvat Credit and confirmation of demands due to discrepancies in inventory. The Tribunal found the shortages negligible, upheld the accuracy of the accounting system, and emphasized that the shortages did not impact proper receipt and usage of inputs. Relying on precedent and lack of evidence supporting Revenue's claims, the Tribunal set aside the impugned order, allowing the appeal with appropriate relief as per law. en-us Tue, 16 Jul 2019 00:00:00 +0530 Mon, 26 Apr 2021 10:16:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294645 The Tribunal ruled in favor of the Appellant, a manufacturer of motor vehicle parts, in a case challenging the disallowance of Cenvat Credit and confirmation of demands due to discrepancies in inventory. The Tribunal found the shortages negligible, upheld the accuracy of the accounting system, and emphasized that the shortages did not impact proper receipt and usage of inputs. Relying on precedent and lack of evidence supporting Revenue's claims, the Tribunal set aside the impugned order, allowing the appeal with appropriate relief as per law. Case-Laws Central Excise Tue, 16 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294645