https://www.taxtmi.com/caselaws?id=437525 The Tribunal set aside the orders, allowing the appeals by the manufacturers and job-workers. The recovery of Rs. 5,65,95,738 from the principal manufacturers under rule 14 of CENVAT Credit Rules, 2004 was deemed unauthorized. The denial of credit to job-workers and the imposition of mandatory exemptions were also found unjustified. The Tribunal concluded that the tax authorities' actions lacked legal basis, leading to the reversal of demands and penalties. en-us Mon, 27 Mar 2023 00:00:00 +0530 Mon, 08 May 2023 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437525 The Tribunal set aside the orders, allowing the appeals by the manufacturers and job-workers. The recovery of Rs. 5,65,95,738 from the principal manufacturers under rule 14 of CENVAT Credit Rules, 2004 was deemed unauthorized. The denial of credit to job-workers and the imposition of mandatory exemptions were also found unjustified. The Tribunal concluded that the tax authorities' actions lacked legal basis, leading to the reversal of demands and penalties. Case-Laws Central Excise Mon, 27 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437525