https://www.taxtmi.com/caselaws?id=206470 The Tribunal allowed the appeals, overturning the penalty imposed on the appellant and the Director for availing deemed cenvat credit without actual export of goods. The Tribunal emphasized the importance of statutory records and payments as supporting evidence, noting similarities with a previous case involving false rebate claims. The decision highlighted that reliance solely on statements was insufficient to demand duty and impose penalties, ultimately ruling in favor of the appellants. en-us Fri, 22 Jul 2011 00:00:00 +0530 Thu, 20 Oct 2011 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206470 The Tribunal allowed the appeals, overturning the penalty imposed on the appellant and the Director for availing deemed cenvat credit without actual export of goods. The Tribunal emphasized the importance of statutory records and payments as supporting evidence, noting similarities with a previous case involving false rebate claims. The decision highlighted that reliance solely on statements was insufficient to demand duty and impose penalties, ultimately ruling in favor of the appellants. Case-Laws Central Excise Fri, 22 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206470