https://www.taxtmi.com/caselaws?id=222053 Credit on structural steel and cement used for construction of foundation and supporting structure was treated as inadmissible in light of the settled position in binding precedent, and the duty and interest demand was sustained. On the penalty issue, the existence of conflicting decisions at the relevant time was considered relevant, and penalty relief was allowed. The result was partial relief to the assessee, with substantive tax liability maintained but penalties deleted. en-us Thu, 14 Jun 2012 00:00:00 +0530 Fri, 12 Apr 2013 14:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=222053 Credit on structural steel and cement used for construction of foundation and supporting structure was treated as inadmissible in light of the settled position in binding precedent, and the duty and interest demand was sustained. On the penalty issue, the existence of conflicting decisions at the relevant time was considered relevant, and penalty relief was allowed. The result was partial relief to the assessee, with substantive tax liability maintained but penalties deleted. Case-Laws Central Excise Thu, 14 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=222053