https://www.taxtmi.com/caselaws?id=787595 Validity of ISD distribution of Cenvat credit turned on statutory interpretation of Rule 7's wording during the relevant period: because Rule 7 used discretionary language ('may') then, proportionate distribution was not mandatory and the appellant's CA-certified turnover-based allocations were legally effective. Prior final departmental orders in the appellant's favour precluded reversing the distribution for the same assessee. Consequentially, demands, interest and penalties premised on denial of the distributed credit were unsustainable and set aside, and the appeal was allowed with consequential relief as per law. en-us Mon, 09 Mar 2026 00:00:00 +0530 Tue, 10 Mar 2026 08:51:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787595 Validity of ISD distribution of Cenvat credit turned on statutory interpretation of Rule 7's wording during the relevant period: because Rule 7 used discretionary language ('may') then, proportionate distribution was not mandatory and the appellant's CA-certified turnover-based allocations were legally effective. Prior final departmental orders in the appellant's favour precluded reversing the distribution for the same assessee. Consequentially, demands, interest and penalties premised on denial of the distributed credit were unsustainable and set aside, and the appeal was allowed with consequential relief as per law. Case-Laws Central Excise Mon, 09 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787595