https://www.taxtmi.com/caselaws?id=97809 The Appellate Tribunal CEGAT, New Delhi upheld a penalty imposed under Rule 173Q of the Central Excise Rules, reducing it to Rs. 5,000 from Rs. 1,00,000 for contravention of Rule 57Q. The penalty was imposed on the appellants for availing Modvat credit based on invoices issued six months prior, despite their argument of no malafide intention. en-us Thu, 19 Apr 2001 00:00:00 +0530 Wed, 18 Jan 2012 11:44:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97809 The Appellate Tribunal CEGAT, New Delhi upheld a penalty imposed under Rule 173Q of the Central Excise Rules, reducing it to Rs. 5,000 from Rs. 1,00,000 for contravention of Rule 57Q. The penalty was imposed on the appellants for availing Modvat credit based on invoices issued six months prior, despite their argument of no malafide intention. Case-Laws Central Excise Thu, 19 Apr 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97809