https://www.taxtmi.com/caselaws?id=411119 The amendment to the Cenvat Credit Rules removed the earlier restriction on using AED (GSI) credit for payment of other excise duties, and credit legitimately earned on duty-paid inputs was therefore required to be restored. The Tribunal also treated the issue as governed by binding precedent in the assessee's own case, and distinguished the Larger Bench refund ruling as inapplicable on these facts. On that basis, the disallowance of credit, along with the consequential interest and penalty, was held unsustainable. en-us Wed, 11 Aug 2021 00:00:00 +0530 Tue, 17 Aug 2021 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411119 The amendment to the Cenvat Credit Rules removed the earlier restriction on using AED (GSI) credit for payment of other excise duties, and credit legitimately earned on duty-paid inputs was therefore required to be restored. The Tribunal also treated the issue as governed by binding precedent in the assessee's own case, and distinguished the Larger Bench refund ruling as inapplicable on these facts. On that basis, the disallowance of credit, along with the consequential interest and penalty, was held unsustainable. Case-Laws Central Excise Wed, 11 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411119