https://www.taxtmi.com/caselaws?id=78320 The Tribunal reduced the penalty imposed on the appellants for contravening Cenvat Credit Rules due to the absence of mala fide intention to evade duty. Although Section 11AC was deemed inapplicable, a reduced penalty of Rs. 5,000/- under Rule 15 was imposed on each appellant for a procedural lapse in not informing the department about availing Cenvat credit on goods kept in the godown. en-us Wed, 31 Mar 2010 00:00:00 +0530 Sat, 13 Nov 2010 13:42:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78320 The Tribunal reduced the penalty imposed on the appellants for contravening Cenvat Credit Rules due to the absence of mala fide intention to evade duty. Although Section 11AC was deemed inapplicable, a reduced penalty of Rs. 5,000/- under Rule 15 was imposed on each appellant for a procedural lapse in not informing the department about availing Cenvat credit on goods kept in the godown. Case-Laws Central Excise Wed, 31 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78320