https://www.taxtmi.com/caselaws?id=125336 Cenvat credit on capital goods sent to a job worker was upheld where challans and records showed actual movement and return of goods, and the rule did not require any specific challan format; minor procedural defects could not defeat substantive entitlement. The extended period of limitation under the proviso to Section 11A was held unavailable because the demand arose from the assessee's disclosed records and there was no independent evidence of suppression or wilful misstatement. As the credit demand failed, interest and penalties also fell, and the personal penalty on the co-appellant was not sustainable because the invoked provision did not apply to that position. en-us Fri, 13 Feb 2009 00:00:00 +0530 Tue, 23 Oct 2012 10:26:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125336 Cenvat credit on capital goods sent to a job worker was upheld where challans and records showed actual movement and return of goods, and the rule did not require any specific challan format; minor procedural defects could not defeat substantive entitlement. The extended period of limitation under the proviso to Section 11A was held unavailable because the demand arose from the assessee's disclosed records and there was no independent evidence of suppression or wilful misstatement. As the credit demand failed, interest and penalties also fell, and the personal penalty on the co-appellant was not sustainable because the invoked provision did not apply to that position. Case-Laws Central Excise Fri, 13 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125336