https://www.taxtmi.com/caselaws?id=426812 The Tribunal overturned the impugned order of the Commissioner of Central Excise & Customs, Nagpur, which sought recovery of &8377; 1,04,92,036 under rule 14 of CENVAT Credit Rules, 2004, and imposed penalties on M/s Meegale Pneumatics Pvt Ltd. The dispute arose from the storage of eligible inputs at unregistered premises without statutory permission, rendering them ineligible for credit availed. Despite delays in approval for plot incorporation in central excise registration, the Tribunal found no mis-utilization of inputs and criticized bureaucratic delays, ultimately setting aside the order and allowing the appeal. en-us Wed, 17 Aug 2022 00:00:00 +0530 Fri, 26 Aug 2022 08:35:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426812 The Tribunal overturned the impugned order of the Commissioner of Central Excise & Customs, Nagpur, which sought recovery of &8377; 1,04,92,036 under rule 14 of CENVAT Credit Rules, 2004, and imposed penalties on M/s Meegale Pneumatics Pvt Ltd. The dispute arose from the storage of eligible inputs at unregistered premises without statutory permission, rendering them ineligible for credit availed. Despite delays in approval for plot incorporation in central excise registration, the Tribunal found no mis-utilization of inputs and criticized bureaucratic delays, ultimately setting aside the order and allowing the appeal. Case-Laws Central Excise Wed, 17 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426812