https://www.taxtmi.com/caselaws?id=218945 Where Cenvat credit is found to have been wrongly taken on welding electrodes, Rule 13(1) of the Cenvat Credit Rules, 2001 operates mandatorily and requires confiscation and the prescribed minimum penalty. The fact that the dispute was contentious did not override the statutory language, and the Tribunal was bound to impose the minimum penalty once the credit claim was rejected for want of proof that the electrodes were used in fabrication of capital goods. The credit disallowance was affirmed and the statutory minimum penalty followed. en-us Thu, 14 Jun 2012 00:00:00 +0530 Thu, 29 Nov 2012 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218945 Where Cenvat credit is found to have been wrongly taken on welding electrodes, Rule 13(1) of the Cenvat Credit Rules, 2001 operates mandatorily and requires confiscation and the prescribed minimum penalty. The fact that the dispute was contentious did not override the statutory language, and the Tribunal was bound to impose the minimum penalty once the credit claim was rejected for want of proof that the electrodes were used in fabrication of capital goods. The credit disallowance was affirmed and the statutory minimum penalty followed. Case-Laws Central Excise Thu, 14 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218945