CESTAT allows JSW Cement’s Appeal on Cenvat Credit for Outward Transport; Sets Aside Demand Citing Limitation Bar

The CESTAT has allowed JSW Cements' appeal on CENVAT credit for outward transport and set aside the demand, citing the limitation bar. The tribunal held that the tax authorities' demand was time-barred, meaning it was raised after the period allowed by law for such actions. This ruling provides relief to JSW Cements and underscores the importance of adhering to statutory time limits in tax proceedings. It also highlights the taxpayer's right to protection against belated tax demands.