https://www.taxtmi.com/caselaws?id=302597 The Tribunal allowed the appeal, setting aside the penalties imposed on the appellant for alleged violations of Central Excise Rules. Relying on High Court decisions declaring a portion of Rule 8(3A) ultra vires, the Tribunal concluded that using accumulated Cenvat Credit for duty payment during a default period was permissible. The Tribunal's decision was based on the interpretation that such utilization should not be restricted, aligning with the High Court rulings. Consequently, the Impugned Order was overturned, and the appeal was granted in favor of the appellant. en-us Tue, 27 Jul 2021 00:00:00 +0530 Wed, 08 Jun 2022 07:39:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=302597 The Tribunal allowed the appeal, setting aside the penalties imposed on the appellant for alleged violations of Central Excise Rules. Relying on High Court decisions declaring a portion of Rule 8(3A) ultra vires, the Tribunal concluded that using accumulated Cenvat Credit for duty payment during a default period was permissible. The Tribunal's decision was based on the interpretation that such utilization should not be restricted, aligning with the High Court rulings. Consequently, the Impugned Order was overturned, and the appeal was granted in favor of the appellant. Case-Laws Central Excise Tue, 27 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=302597