https://www.taxtmi.com/caselaws?id=449042 CESTAT Chennai allowed the appeal regarding denial of Cenvat credit on mosquito repellent refills procured from a supplier who availed North East area-based exemption. The Tribunal held that Rule 12 of Cenvat Credit Rules, 2004 permits credit on inputs even when the manufacturer avails area-based exemption notification. The recipient cannot be denied credit without legal basis, regardless of the supplier's valuation method. The Tribunal relied on Madras HC and SC precedents establishing that if duty is paid on inputs, Cenvat credit cannot be denied. The demand, interest, and penalties were set aside. en-us Fri, 02 Feb 2024 00:00:00 +0530 Mon, 05 Feb 2024 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449042 CESTAT Chennai allowed the appeal regarding denial of Cenvat credit on mosquito repellent refills procured from a supplier who availed North East area-based exemption. The Tribunal held that Rule 12 of Cenvat Credit Rules, 2004 permits credit on inputs even when the manufacturer avails area-based exemption notification. The recipient cannot be denied credit without legal basis, regardless of the supplier's valuation method. The Tribunal relied on Madras HC and SC precedents establishing that if duty is paid on inputs, Cenvat credit cannot be denied. The demand, interest, and penalties were set aside. Case-Laws Central Excise Fri, 02 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449042