https://www.taxtmi.com/caselaws?id=430377 The Tribunal allowed the appeal, setting aside the disallowance of CENVAT Credit under Rule 14 of CENVAT Credit Rules, 2004, and the penalty imposed under Rule 15. The Tribunal held that the retrospective effect of the relevant proviso did not apply, supporting the appellant's position that the credit was rightfully taken within the permissible time frame. As a result, the impugned orders were overturned, and the appellant received consequential relief, resolving the dispute in their favor. en-us Thu, 17 Nov 2022 00:00:00 +0530 Fri, 18 Nov 2022 10:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430377 The Tribunal allowed the appeal, setting aside the disallowance of CENVAT Credit under Rule 14 of CENVAT Credit Rules, 2004, and the penalty imposed under Rule 15. The Tribunal held that the retrospective effect of the relevant proviso did not apply, supporting the appellant's position that the credit was rightfully taken within the permissible time frame. As a result, the impugned orders were overturned, and the appellant received consequential relief, resolving the dispute in their favor. Case-Laws Service Tax Thu, 17 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430377