Reversal of Cenvat Credit Satisfies Exemption Conditions: CESTAT Hyderabad

Advertisement Ramakrishna Electricals Winding Works Vs Commissioner of Central Excise (CESTAT Hyderabad) The CESTAT Hyderabad considered whether the appellant, engaged in rewinding electrical motors, was entitled to the benefit of Notification No. 12/2003-ST after remand and whether the adjudicating authority could deny the exemption on grounds beyond the scope of the remand order. The dispute arose from a Show Cause Notice covering April 2005 to March 2010, invoking the extended limitation period and proposing penalties under Sections 76, 77 and 78 of the Finance Act, 1994. In an earlier r...