https://www.taxtmi.com/caselaws?id=126670 The Tribunal upheld the demand of interest under Rule 14 of the CENVAT Credit Rules, 2004 but set aside the penalty imposed under Rule 15(2) read with Section 11AC of the Act. The judgment emphasized the necessity of meeting specific conditions, such as fraudulent intent, for the imposition of penalties under the relevant provisions. en-us Fri, 29 May 2009 00:00:00 +0530 Tue, 04 Dec 2012 15:04:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126670 The Tribunal upheld the demand of interest under Rule 14 of the CENVAT Credit Rules, 2004 but set aside the penalty imposed under Rule 15(2) read with Section 11AC of the Act. The judgment emphasized the necessity of meeting specific conditions, such as fraudulent intent, for the imposition of penalties under the relevant provisions. Case-Laws Central Excise Fri, 29 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126670