CESTAT quashes demand as appellant Suo-Motto reversed Proportionate CENVAT Credit with Interest

Neelachal Ispat Nigam Limited Vs Commissioner of CGST & CX (CESTAT Kolkata)

Introduction: In a recent ruling by the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) in Kolkata, Neelachal Ispat Nigam Limited found itself at the center of a tax dispute. The CESTAT decision pertained to the confirmation of an amount due to the non-maintenance of separate records of inputs and input services used by the appellant in the manufacturing of both dutiable and exempted products. This article explores t

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