https://www.taxtmi.com/caselaws?id=437792 The Tribunal ruled in favor of the appellant, a manufacturing company, in a case involving demands of Cenvat credit on capital goods sold and input services used at another company. The Tribunal found that the sale of capital goods did not constitute a deemed removal as the goods remained within the factory premises and were used in manufacturing. Additionally, the credit on input services used at the other company was deemed valid as it was directly connected to the manufacturing process. Allegations of suppression of facts were dismissed, and the demands were considered time-barred. The Tribunal set aside the orders, allowed the appeals, and deemed the demands unsustainable, including any personal penalty imposed. en-us Tue, 02 May 2023 00:00:00 +0530 Tue, 16 May 2023 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437792 The Tribunal ruled in favor of the appellant, a manufacturing company, in a case involving demands of Cenvat credit on capital goods sold and input services used at another company. The Tribunal found that the sale of capital goods did not constitute a deemed removal as the goods remained within the factory premises and were used in manufacturing. Additionally, the credit on input services used at the other company was deemed valid as it was directly connected to the manufacturing process. Allegations of suppression of facts were dismissed, and the demands were considered time-barred. The Tribunal set aside the orders, allowed the appeals, and deemed the demands unsustainable, including any personal penalty imposed. Case-Laws Central Excise Tue, 02 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437792