https://www.taxtmi.com/caselaws?id=760216 The Tribunal allowed the appeal, overturning the Commissioner's order, and directed the Respondent-Department to refund the reversed CENVAT Credit of Rs. 25,61,369/- with applicable interest within two months. The Tribunal held that CENVAT Credit cannot be denied when duty is accepted against the clearance of a manufactured product, aligning with precedents from the Bombay High Court. The judgment clarified the application of CENVAT Credit rules concerning manufacturing processes and duty payments, emphasizing the importance of legal precedents in determining credit admissibility in excise matters. en-us Thu, 17 Oct 2024 00:00:00 +0530 Thu, 17 Oct 2024 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760216 The Tribunal allowed the appeal, overturning the Commissioner's order, and directed the Respondent-Department to refund the reversed CENVAT Credit of Rs. 25,61,369/- with applicable interest within two months. The Tribunal held that CENVAT Credit cannot be denied when duty is accepted against the clearance of a manufactured product, aligning with precedents from the Bombay High Court. The judgment clarified the application of CENVAT Credit rules concerning manufacturing processes and duty payments, emphasizing the importance of legal precedents in determining credit admissibility in excise matters. Case-Laws Central Excise Thu, 17 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760216