https://www.taxtmi.com/caselaws?id=294848 The Tribunal ruled in favor of the appellant, a Public Sector Undertaking, in a case involving the disallowance of CENVAT credit on withheld amounts from service providers' invoices. The Tribunal held that the appellant was entitled to the credit, setting aside the impugned orders and allowing the appeal with consequential relief. The judgment emphasized the settled legal position in favor of the appellant, addressing issues related to Rule 4(7) of the CENVAT Credit Rules, penalty under section 11AC of the Central Excise Act, and the time bar for contesting the demand. en-us Wed, 19 Jun 2019 00:00:00 +0530 Thu, 06 May 2021 08:40:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294848 The Tribunal ruled in favor of the appellant, a Public Sector Undertaking, in a case involving the disallowance of CENVAT credit on withheld amounts from service providers' invoices. The Tribunal held that the appellant was entitled to the credit, setting aside the impugned orders and allowing the appeal with consequential relief. The judgment emphasized the settled legal position in favor of the appellant, addressing issues related to Rule 4(7) of the CENVAT Credit Rules, penalty under section 11AC of the Central Excise Act, and the time bar for contesting the demand. Case-Laws Central Excise Wed, 19 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294848