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TMI Blog2020 (1) TMI 95X X X X Extracts X X X X X X X X Extracts X X X X ..... September, 2015 - HELD THAT:- This Tribunal in M/S AGRIMAS CHEMICALS LTD. VERSUS COMMISSIONER OF CENTRAL EXCISE, NOIDA-II [ 2019 (8) TMI 1253 - CESTAT ALLAHABAD] held that demand against the appellant was not sustainable the period from April, 2011 to March, 2015. Appeal allowed - decided in favor of appellant. - Excise Appeal No.70944 of 2018 - FINAL ORDER NO. - 71963/2019 - Dated:- 2-12-20 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t Credit Rules for the period from April, 2015 to September, 2015 appellant reversed Cenvat credit of ₹ 1,62,718/- propionate to the input services utilized for trading. However, Revenue has issued statement of demand to the appellant for the period from April, 2015 to September, 2015. The said statement of demand was subsequent to the earlier show cause notice which was for the period from ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... uch a scenario, further demand of a particular percentage of the value of the traded goods in terms of Rule 6(3) is neither in accordance with the provisions of Cenvat Credit Rules nor with the settled principle of law. It stands held by various decisions of the judicial and quasi-judicial authorities that in case of reversal of proportionate credit attributable to the exempted goods/services, fur ..... X X X X Extracts X X X X X X X X Extracts X X X X
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