https://www.taxtmi.com/caselaws?id=124644 Credit under Rule 16 of the Central Excise Rules, 2002 was held inadmissible on returned biscuits that had expired and were unfit for human consumption, because such goods could not be re-made, repaired, or otherwise processed within the rule. The disallowance of credit with interest was upheld. On penalty, the equal penalty was found excessive in the facts, as the record showed wrong credit but not circumstances justifying penalty equal to the duty amount. The penalty was reduced to Rs. 10,000, granting partial relief to the assessee. en-us Wed, 06 Aug 2008 00:00:00 +0530 Wed, 03 Oct 2012 17:06:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124644 Credit under Rule 16 of the Central Excise Rules, 2002 was held inadmissible on returned biscuits that had expired and were unfit for human consumption, because such goods could not be re-made, repaired, or otherwise processed within the rule. The disallowance of credit with interest was upheld. On penalty, the equal penalty was found excessive in the facts, as the record showed wrong credit but not circumstances justifying penalty equal to the duty amount. The penalty was reduced to Rs. 10,000, granting partial relief to the assessee. Case-Laws Central Excise Wed, 06 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124644