https://www.taxtmi.com/caselaws?id=313205 CESTAT Mumbai allowed the appeal partially regarding CENVAT credit disputes. The tribunal set aside penalties for capital goods credit denial where the appellant had already reversed credit with interest before show cause notice issuance. CENVAT credit on inputs sent directly to job workers was held admissible under Rule 10A, following established precedents. Demands for alleged double credit availment were rejected due to lack of supporting documentation. Demands based on accounting shortages during SAP system migration were dismissed as revenue failed to conduct physical stock verification to prove actual shortages. Extended limitation period was held inapplicable since the case relied entirely on appellant's own disclosed accounting records. en-us Mon, 19 Dec 2022 00:00:00 +0530 Fri, 29 Mar 2024 19:15:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313205 CESTAT Mumbai allowed the appeal partially regarding CENVAT credit disputes. The tribunal set aside penalties for capital goods credit denial where the appellant had already reversed credit with interest before show cause notice issuance. CENVAT credit on inputs sent directly to job workers was held admissible under Rule 10A, following established precedents. Demands for alleged double credit availment were rejected due to lack of supporting documentation. Demands based on accounting shortages during SAP system migration were dismissed as revenue failed to conduct physical stock verification to prove actual shortages. Extended limitation period was held inapplicable since the case relied entirely on appellant's own disclosed accounting records. Case-Laws Central Excise Mon, 19 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313205