https://www.taxtmi.com/caselaws?id=128006 The Appellate Tribunal CESTAT AHMEDABAD upheld the Commissioner (Appeals)'s decision in a case concerning penalty imposition under Section 11AC. The Tribunal noted that if 25% of the penalty is paid within thirty days, the remaining penalty should not be upheld. Personal penalties on partners, executives, and authorized signatories were also considered, with the Tribunal emphasizing that penalties cannot be imposed without dealing with the goods. The appeals filed by the Revenue were rejected, highlighting the importance of actual dealing with goods in cases involving wrongful availment of Cenvat credit without receiving inputs. en-us Fri, 17 Jul 2009 00:00:00 +0530 Mon, 25 Mar 2013 17:00:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128006 The Appellate Tribunal CESTAT AHMEDABAD upheld the Commissioner (Appeals)'s decision in a case concerning penalty imposition under Section 11AC. The Tribunal noted that if 25% of the penalty is paid within thirty days, the remaining penalty should not be upheld. Personal penalties on partners, executives, and authorized signatories were also considered, with the Tribunal emphasizing that penalties cannot be imposed without dealing with the goods. The appeals filed by the Revenue were rejected, highlighting the importance of actual dealing with goods in cases involving wrongful availment of Cenvat credit without receiving inputs. Case-Laws Central Excise Fri, 17 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128006