https://www.taxtmi.com/caselaws?id=430220 The Tribunal ruled in favor of the appellant in a dispute concerning the calculation of Cenvat credit reversal under Rule 6(3A) for urea production. The key issue was whether to consider the value of urea or ammonia for credit reversal calculation. The Tribunal emphasized the importance of following statutory provisions and affirmed the appellant's approach of considering only urea value for credit reversal, setting aside the impugned order and granting consequential benefits. en-us Thu, 10 Nov 2022 00:00:00 +0530 Mon, 14 Nov 2022 21:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430220 The Tribunal ruled in favor of the appellant in a dispute concerning the calculation of Cenvat credit reversal under Rule 6(3A) for urea production. The key issue was whether to consider the value of urea or ammonia for credit reversal calculation. The Tribunal emphasized the importance of following statutory provisions and affirmed the appellant's approach of considering only urea value for credit reversal, setting aside the impugned order and granting consequential benefits. Case-Laws Central Excise Thu, 10 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430220