https://www.taxtmi.com/caselaws?id=78314 The Tribunal dismissed the Revenue's appeals seeking penalties under Section 11AC of the Central Excise Act against respondents for excess CENVAT credit. Penalties were not imposed under Section 11AC as the required grounds were not alleged in the show-cause notices. The Tribunal emphasized the necessity of specifying allegations of fraud, collusion, or contravention for mandatory penalties under Section 11AC. Additionally, it highlighted the importance of specifying the sub-rule of Rule 15 in show-cause notices for clarity. The penalties were set aside, underscoring the significance of proper notice specificity and grounds for penalty imposition. en-us Wed, 06 Jan 2010 00:00:00 +0530 Sat, 13 Nov 2010 13:40:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78314 The Tribunal dismissed the Revenue's appeals seeking penalties under Section 11AC of the Central Excise Act against respondents for excess CENVAT credit. Penalties were not imposed under Section 11AC as the required grounds were not alleged in the show-cause notices. The Tribunal emphasized the necessity of specifying allegations of fraud, collusion, or contravention for mandatory penalties under Section 11AC. Additionally, it highlighted the importance of specifying the sub-rule of Rule 15 in show-cause notices for clarity. The penalties were set aside, underscoring the significance of proper notice specificity and grounds for penalty imposition. Case-Laws Central Excise Wed, 06 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78314