https://www.taxtmi.com/caselaws?id=76648 Penalty under Section 11AC of the Central Excise Act requires proof of suppression of material facts with intent to evade duty; where delayed compliance with amended Cenvat credit rules was attributed to ignorance and mens rea was not established, the equal penalty was set aside while the duty demand remained payable. In relation to credit reversal on goods cleared for use in further manufacture, the treatment adopted by the department was rejected because such goods were not to be treated as exempted goods merely due to removal without duty when they were consumed in manufacture of dutiable final products; that demand was therefore deleted. en-us Tue, 25 Aug 2009 00:00:00 +0530 Mon, 12 Jul 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76648 Penalty under Section 11AC of the Central Excise Act requires proof of suppression of material facts with intent to evade duty; where delayed compliance with amended Cenvat credit rules was attributed to ignorance and mens rea was not established, the equal penalty was set aside while the duty demand remained payable. In relation to credit reversal on goods cleared for use in further manufacture, the treatment adopted by the department was rejected because such goods were not to be treated as exempted goods merely due to removal without duty when they were consumed in manufacture of dutiable final products; that demand was therefore deleted. Case-Laws Central Excise Tue, 25 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76648