https://www.taxtmi.com/caselaws?id=233600 The Appellate Tribunal CESTAT CHENNAI confirmed the demand for Rs. 89,209 along with interest and penalty against the appellant for availing Cenvat credit without proper documentation. The penalty was later reduced to Rs. 18,000 on appeal. The Tribunal emphasized the strict procedures under Section 11B for refunding excess duty, rejecting the appellant's claims of clerical errors and justifying the penalty reduction. Despite reducing the penalty to Rs. 5,000, the Tribunal dismissed the appeal, highlighting that taking suo motu credit cannot bypass the refund procedure outlined in Section 11B. en-us Fri, 15 Mar 2013 00:00:00 +0530 Wed, 08 May 2013 05:38:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233600 The Appellate Tribunal CESTAT CHENNAI confirmed the demand for Rs. 89,209 along with interest and penalty against the appellant for availing Cenvat credit without proper documentation. The penalty was later reduced to Rs. 18,000 on appeal. The Tribunal emphasized the strict procedures under Section 11B for refunding excess duty, rejecting the appellant's claims of clerical errors and justifying the penalty reduction. Despite reducing the penalty to Rs. 5,000, the Tribunal dismissed the appeal, highlighting that taking suo motu credit cannot bypass the refund procedure outlined in Section 11B. Case-Laws Central Excise Fri, 15 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233600