https://www.taxtmi.com/caselaws?id=449809 The Tribunal set aside the impugned order and remanded the case to the adjudicating authority for further consideration. The Appellant's interpretation that simultaneous availment of benefits under notifications No. 29/2004-CE and 30/2004-CE was permissible was accepted. The Tribunal found that the lower authorities failed to verify the factual aspects properly, necessitating a reconsideration of the applicability of Rule 11(3)(ii) of the Cenvat Credit Rules, 2004, regarding the lapse of Cenvat credit balance. The appeals were allowed, and the matter was sent back for reassessment. en-us Tue, 20 Feb 2024 00:00:00 +0530 Wed, 21 Feb 2024 07:11:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449809 The Tribunal set aside the impugned order and remanded the case to the adjudicating authority for further consideration. The Appellant's interpretation that simultaneous availment of benefits under notifications No. 29/2004-CE and 30/2004-CE was permissible was accepted. The Tribunal found that the lower authorities failed to verify the factual aspects properly, necessitating a reconsideration of the applicability of Rule 11(3)(ii) of the Cenvat Credit Rules, 2004, regarding the lapse of Cenvat credit balance. The appeals were allowed, and the matter was sent back for reassessment. Case-Laws Central Excise Tue, 20 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449809