https://www.taxtmi.com/caselaws?id=779593 CESTAT CHENNAI - AT allowed the appeal, setting aside the impugned order and vacating the demand of duty, interest and penalties. The Tribunal held that exports under Duty Drawback/DEPB and clearances under Notification No.30/2004 do not require reversal of CENVAT credit; job-work clearances and yarn-waste cannot be double-counted as exempt turnover for credit reversal. Invocation of the extended limitation period was unjustified absent wilful suppression, so the larger period and consequent penalties were held unsustainable. en-us Tue, 07 Oct 2025 00:00:00 +0530 Thu, 09 Oct 2025 08:54:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779593 CESTAT CHENNAI - AT allowed the appeal, setting aside the impugned order and vacating the demand of duty, interest and penalties. The Tribunal held that exports under Duty Drawback/DEPB and clearances under Notification No.30/2004 do not require reversal of CENVAT credit; job-work clearances and yarn-waste cannot be double-counted as exempt turnover for credit reversal. Invocation of the extended limitation period was unjustified absent wilful suppression, so the larger period and consequent penalties were held unsustainable. Case-Laws Central Excise Tue, 07 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779593