https://www.taxtmi.com/caselaws?id=438380 The Appellate Tribunal CESTAT CHENNAI allowed the appeal filed by the appellant, who was engaged in the manufacture of safety matches. The Tribunal set aside the demand of Rs.1,18,124/- and penalty imposed under Rule 14 of the CENVAT Credit Rules, 2004. It held that the exemption granted under the relevant Notification was not absolute, and the duty paid by the principal manufacturer was eligible for CENVAT Credit, as they had the option to pay duty at a concessional rate without availing the nil rate of duty. en-us Fri, 26 May 2023 00:00:00 +0530 Wed, 31 May 2023 01:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438380 The Appellate Tribunal CESTAT CHENNAI allowed the appeal filed by the appellant, who was engaged in the manufacture of safety matches. The Tribunal set aside the demand of Rs.1,18,124/- and penalty imposed under Rule 14 of the CENVAT Credit Rules, 2004. It held that the exemption granted under the relevant Notification was not absolute, and the duty paid by the principal manufacturer was eligible for CENVAT Credit, as they had the option to pay duty at a concessional rate without availing the nil rate of duty. Case-Laws Central Excise Fri, 26 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438380