https://www.taxtmi.com/caselaws?id=767108 The Tribunal set aside the impugned order, allowing the appeal with consequential relief to the appellant. The Tribunal concluded that the demand for duty and imposition of penalty based on alleged misutilization of CENVAT Credit during the defaulted period were unsustainable. It relied on precedents from the Gujarat HC and Punjab & Haryana HC, which declared Rule 8(3A) of the Central Excise Rules, 2002, as ultra vires, thus preventing the denial of CENVAT Credit utilization. The Supreme Court's disposition of a related appeal further supported this conclusion. en-us Tue, 04 Feb 2025 00:00:00 +0530 Tue, 11 Mar 2025 08:33:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767108 The Tribunal set aside the impugned order, allowing the appeal with consequential relief to the appellant. The Tribunal concluded that the demand for duty and imposition of penalty based on alleged misutilization of CENVAT Credit during the defaulted period were unsustainable. It relied on precedents from the Gujarat HC and Punjab & Haryana HC, which declared Rule 8(3A) of the Central Excise Rules, 2002, as ultra vires, thus preventing the denial of CENVAT Credit utilization. The Supreme Court's disposition of a related appeal further supported this conclusion. Case-Laws Central Excise Tue, 04 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767108