https://www.taxtmi.com/caselaws?id=122633 The tribunal ruled in favor of the appellant regarding the penalty imposed for wrongly availing deemed credit on bed sheets as inputs. The appellants were found not liable for penalty as they were not engaged in any manufacturing process related to the bed sheets, despite having paid duty at a higher value. The demand was confirmed, but the penalty was set aside based on the lack of manufacturing activity by the appellants. en-us Wed, 04 Jul 2007 00:00:00 +0530 Thu, 16 Aug 2012 11:22:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=122633 The tribunal ruled in favor of the appellant regarding the penalty imposed for wrongly availing deemed credit on bed sheets as inputs. The appellants were found not liable for penalty as they were not engaged in any manufacturing process related to the bed sheets, despite having paid duty at a higher value. The demand was confirmed, but the penalty was set aside based on the lack of manufacturing activity by the appellants. Case-Laws Central Excise Wed, 04 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=122633