https://www.taxtmi.com/caselaws?id=779883 CESTAT MUMBAI - AT allowed the appeal and set aside the impugned order, holding that trading/sale is not a service and therefore Rule 6(3)(ii) reversal of common-input credit cannot be applied to trading. The Tribunal ruled that proportional reversal and the Department's computation can only be examined if the provision is held applicable to trading. Invocation of the extended period was unjustified as the appellant's intimation was on record since 2015. Penalty under Section 11AC was inapplicable absent a finding of deception under Section 11C, so the demand and penalty were set aside. en-us Mon, 13 Oct 2025 00:00:00 +0530 Tue, 14 Oct 2025 14:08:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779883 CESTAT MUMBAI - AT allowed the appeal and set aside the impugned order, holding that trading/sale is not a service and therefore Rule 6(3)(ii) reversal of common-input credit cannot be applied to trading. The Tribunal ruled that proportional reversal and the Department's computation can only be examined if the provision is held applicable to trading. Invocation of the extended period was unjustified as the appellant's intimation was on record since 2015. Penalty under Section 11AC was inapplicable absent a finding of deception under Section 11C, so the demand and penalty were set aside. Case-Laws Central Excise Mon, 13 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779883