https://www.taxtmi.com/caselaws?id=415472 The Tribunal allowed the appeal, setting aside the demands for reversal of CENVAT credit on inputs and semi-finished goods destroyed in the fire, along with associated interest and penalty. The Tribunal held that Rule 21 of the Central Excise Rules, 2002, applies to all goods lost or destroyed by accident, and Rule 3(5B) of the CENVAT Credit Rules, 2004, does not apply to goods destroyed in a fire accident. en-us Wed, 07 Jul 2021 00:00:00 +0530 Tue, 07 Dec 2021 09:17:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415472 The Tribunal allowed the appeal, setting aside the demands for reversal of CENVAT credit on inputs and semi-finished goods destroyed in the fire, along with associated interest and penalty. The Tribunal held that Rule 21 of the Central Excise Rules, 2002, applies to all goods lost or destroyed by accident, and Rule 3(5B) of the CENVAT Credit Rules, 2004, does not apply to goods destroyed in a fire accident. Case-Laws Central Excise Wed, 07 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415472