https://www.taxtmi.com/caselaws?id=107735 Penalty and interest are not attracted where Modvat credit is taken twice on prescribed documents because of a bona fide mistake and the excess is later reversed on detection. The duplication arose from credit being taken once on invoices and again on a supplier's 57E certificate countersigned by the jurisdictional Superintendent. In the absence of mens rea or deliberate intent to evade duty, the conditions for penalty under Rule 57AH, interest under Section 11AB, and invocation of Section 11AC were not satisfied. en-us Thu, 03 Jul 2003 00:00:00 +0530 Mon, 26 Mar 2012 12:24:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=107735 Penalty and interest are not attracted where Modvat credit is taken twice on prescribed documents because of a bona fide mistake and the excess is later reversed on detection. The duplication arose from credit being taken once on invoices and again on a supplier's 57E certificate countersigned by the jurisdictional Superintendent. In the absence of mens rea or deliberate intent to evade duty, the conditions for penalty under Rule 57AH, interest under Section 11AB, and invocation of Section 11AC were not satisfied. Case-Laws Central Excise Thu, 03 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=107735