https://www.taxtmi.com/caselaws?id=202292 Penalty under rule 16 of the Cenvat Credit Rules was challenged on the basis that supplementary invoices were issued after a long gap and credit was availed on that basis. The Tribunal noted that, in the connected matter arising from the same impugned order, unconditional stay had already been granted and the earlier order had found no material indicating fraud, misdeclaration or suppression of facts for section 11AC purposes. Treating the present stay petition on the same footing as the connected appeal, the Tribunal dispensed with pre-deposit of the penalty amount and granted stay in favour of the assessee. en-us Mon, 23 Aug 2010 00:00:00 +0530 Fri, 11 Mar 2011 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202292 Penalty under rule 16 of the Cenvat Credit Rules was challenged on the basis that supplementary invoices were issued after a long gap and credit was availed on that basis. The Tribunal noted that, in the connected matter arising from the same impugned order, unconditional stay had already been granted and the earlier order had found no material indicating fraud, misdeclaration or suppression of facts for section 11AC purposes. Treating the present stay petition on the same footing as the connected appeal, the Tribunal dispensed with pre-deposit of the penalty amount and granted stay in favour of the assessee. Case-Laws Central Excise Mon, 23 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202292