https://www.taxtmi.com/caselaws?id=769039 CESTAT NEW DELHI allowed the appeal regarding proportionate reversal of Cenvat credit on inputs and input services used for electricity generation. The Tribunal held that proportionate reversal of Cenvat credit availed on inputs and input services used for electricity generation sufficiently complies with Rule 6(3)(i) of Cenvat Credit Rules, 2004. The demand of Rs.2,65,35,674/- was held unsustainable as no Cenvat credit was availed on coal fine and coal reject since no duty was paid. The assessee's compliance with proportionate reversal requirements eliminated both the demand and penalty liability. en-us Tue, 01 Apr 2025 00:00:00 +0530 Fri, 18 Apr 2025 08:38:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769039 CESTAT NEW DELHI allowed the appeal regarding proportionate reversal of Cenvat credit on inputs and input services used for electricity generation. The Tribunal held that proportionate reversal of Cenvat credit availed on inputs and input services used for electricity generation sufficiently complies with Rule 6(3)(i) of Cenvat Credit Rules, 2004. The demand of Rs.2,65,35,674/- was held unsustainable as no Cenvat credit was availed on coal fine and coal reject since no duty was paid. The assessee's compliance with proportionate reversal requirements eliminated both the demand and penalty liability. Case-Laws Central Excise Tue, 01 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769039