https://www.taxtmi.com/caselaws?id=755045 The CESTAT Hyderabad allowed the appeal regarding captive exemption for Fatty Acid Pitch (FAP) under N/N. 67/95-CE. The Adjudicating Authority had denied the exemption claiming FAP was used in boiler for steam generation in manufacturing exempted goods, based solely on audit observations and appellant's letters without proper verification. The tribunal found no cogent evidence that FAP was used for exempted products manufacture. The department failed to conduct detailed inquiry despite appellant's consistent assertions and transparency since 2007. The extended limitation period was also improperly invoked as appellant had not concealed information. The impugned order was set aside on both merits and limitation grounds. en-us Wed, 03 Jul 2024 00:00:00 +0530 Fri, 05 Jul 2024 08:19:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755045 The CESTAT Hyderabad allowed the appeal regarding captive exemption for Fatty Acid Pitch (FAP) under N/N. 67/95-CE. The Adjudicating Authority had denied the exemption claiming FAP was used in boiler for steam generation in manufacturing exempted goods, based solely on audit observations and appellant's letters without proper verification. The tribunal found no cogent evidence that FAP was used for exempted products manufacture. The department failed to conduct detailed inquiry despite appellant's consistent assertions and transparency since 2007. The extended limitation period was also improperly invoked as appellant had not concealed information. The impugned order was set aside on both merits and limitation grounds. Case-Laws Central Excise Wed, 03 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755045