https://www.taxtmi.com/caselaws?id=217048 The Tribunal reinstated the Cenvat credit demand, set aside the interest and penalty imposed by the Commissioner (Appeals), and reduced the penalty amount under Rule 15(1) to Rs. 20,000. The Tribunal held that mens rea is not required to impose penalty under Rule 15(1) for wrong availment of Cenvat credit. en-us Thu, 18 Aug 2011 00:00:00 +0530 Mon, 25 Feb 2013 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217048 The Tribunal reinstated the Cenvat credit demand, set aside the interest and penalty imposed by the Commissioner (Appeals), and reduced the penalty amount under Rule 15(1) to Rs. 20,000. The Tribunal held that mens rea is not required to impose penalty under Rule 15(1) for wrong availment of Cenvat credit. Case-Laws Central Excise Thu, 18 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217048