https://www.taxtmi.com/caselaws?id=211448 The Tribunal admitted the appeals for consideration after finding the reasons for the delay in filing satisfactory. Duty demands on finished goods were confirmed, penalties imposed, and Modvat credit on capital goods denied in one unit. The Tribunal directed the appellant to make a pre-deposit of dues related to capital goods credit. They opined that penalizing the appellants for shortages found elsewhere in the same premises was unnecessary. The eligibility for Cenvat credit on capital goods must be determined at the time of receiving the goods, as upheld in a previous case. en-us Tue, 24 Jan 2012 00:00:00 +0530 Thu, 22 Mar 2012 19:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211448 The Tribunal admitted the appeals for consideration after finding the reasons for the delay in filing satisfactory. Duty demands on finished goods were confirmed, penalties imposed, and Modvat credit on capital goods denied in one unit. The Tribunal directed the appellant to make a pre-deposit of dues related to capital goods credit. They opined that penalizing the appellants for shortages found elsewhere in the same premises was unnecessary. The eligibility for Cenvat credit on capital goods must be determined at the time of receiving the goods, as upheld in a previous case. Case-Laws Central Excise Tue, 24 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211448