https://www.taxtmi.com/caselaws?id=779046 CESTAT, Kolkata (AT) allowed the appeal and set aside the impugned order, finding no evidence that the low-grade sponge iron on which CENVAT credit was availed was diverted elsewhere. The tribunal held Revenue cannot challenge the economic viability of using such inputs and noted the appellant paid value plus duty and recorded inputs in statutory records. As Revenue failed to demonstrate any mismatch in input-output ratio, the CENVAT availment was held permissible. en-us Thu, 25 Sep 2025 00:00:00 +0530 Fri, 26 Sep 2025 11:34:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779046 CESTAT, Kolkata (AT) allowed the appeal and set aside the impugned order, finding no evidence that the low-grade sponge iron on which CENVAT credit was availed was diverted elsewhere. The tribunal held Revenue cannot challenge the economic viability of using such inputs and noted the appellant paid value plus duty and recorded inputs in statutory records. As Revenue failed to demonstrate any mismatch in input-output ratio, the CENVAT availment was held permissible. Case-Laws Central Excise Thu, 25 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779046