2015 (6) TMI 1051 - AT - Central Excise

Denial of CENVAT credit on steel items - show cause notice issued by invoking extended period of limitation - Held that - Respondent is having a good case on limitation. As show cause notice has been issued by invoking extended period of limitation same is not sustainable in the eyes of law. Therefore, demand sought to be confirmed against the respondent by invoking extended period of limitation are rightly set aside by the Ld. Commissioner (A). - Decided in favour of assessee

Summary

The appellate tribunal upheld the decision in favor of the respondent, allowing Cenvat Credit on steel items used for fabricating supporting structures. The demand confirmed by invoking extended limitation period was set aside as not sustainable in law. The appeal filed by the Revenue was dismissed.