Reversal of CENVAT credit doesn’t tantamount to pre-deposit hence writ dismissed

Tata Steel Limited Vs Union of India & Ors (Calcutta High Court) Calcutta High Court held that reversal of CENVAT Credit made was voluntary and doesn’t tantamount to pre-deposit within the meaning of the pre amended Section 35F of the Central Excise Act. Accordingly, the writ petition is dismissed. Facts- Challenging the common final order dated 16thApril, 2024 passed by the learned Customs, Excise and Service Tax Appellate Tribunal, Eastern Zonal Bench, Kolkata in Excise Appeal thereby, holding the appeals to have abated consequent upon the corporate35F insolvency of the petitioner’s...