https://www.taxtmi.com/caselaws?id=771093 CESTAT Allahabad partly allowed the appeal filed by UKB and allowed the Director's appeal in full while rejecting revenue's appeals. The tribunal set aside the entire demand of CENVAT credit of Rs.36,13,490/- on capital goods, finding that goods manufactured on job-work basis under Notification No.214/86-CE are not exempted goods and Rule 6(4) restrictions don't apply. The customs duty demand of Rs.49,60,092/- was also set aside due to insufficient evidence of diversion of imported "Housings." Only customs duty of Rs.3,98,149/- was confirmed. All penalties on UKB and personal penalties on its Director were set aside given the substantial reduction in duty demand. en-us Mon, 19 May 2025 00:00:00 +0530 Wed, 21 May 2025 08:29:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771093 CESTAT Allahabad partly allowed the appeal filed by UKB and allowed the Director's appeal in full while rejecting revenue's appeals. The tribunal set aside the entire demand of CENVAT credit of Rs.36,13,490/- on capital goods, finding that goods manufactured on job-work basis under Notification No.214/86-CE are not exempted goods and Rule 6(4) restrictions don't apply. The customs duty demand of Rs.49,60,092/- was also set aside due to insufficient evidence of diversion of imported "Housings." Only customs duty of Rs.3,98,149/- was confirmed. All penalties on UKB and personal penalties on its Director were set aside given the substantial reduction in duty demand. Case-Laws Central Excise Mon, 19 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771093