https://www.taxtmi.com/caselaws?id=446237 CESTAT Hyderabad held that demands for alleged clandestine production and clearance were vague and not based on proper prescribed norms, following SC precedent in RA Castings case. The tribunal found appellant maintained sufficient records and furnished regular returns that were not untrue. Regarding CENVAT credit, the tribunal allowed credit for MS angles, bars, coils, beams, plates, and channels used in factory production, including EOT crane fabrication, furnace repair, and materials consumed during steel production process. The impugned order was set aside and appeal allowed. en-us Tue, 28 Nov 2023 00:00:00 +0530 Wed, 29 Nov 2023 07:31:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446237 CESTAT Hyderabad held that demands for alleged clandestine production and clearance were vague and not based on proper prescribed norms, following SC precedent in RA Castings case. The tribunal found appellant maintained sufficient records and furnished regular returns that were not untrue. Regarding CENVAT credit, the tribunal allowed credit for MS angles, bars, coils, beams, plates, and channels used in factory production, including EOT crane fabrication, furnace repair, and materials consumed during steel production process. The impugned order was set aside and appeal allowed. Case-Laws Central Excise Tue, 28 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446237