https://www.taxtmi.com/caselaws?id=233601 The Appellate Tribunal CESTAT Ahmedabad allowed the appeal in a case involving deemed credit disallowance, interest imposition, and penalty imposition due to forged export documents. The Tribunal held that the appellants legitimately processed and cleared the goods, with the diversion by the merchant exporter not affecting their entitlement to credit. Citing a relevant precedent, the Tribunal set aside the Commissioner's order, rejecting the imposition of interest and penalty. The decision emphasized the importance of assessing manufacturing activities and legal references in resolving issues of credit disallowance and penalty imposition in indirect tax disputes. en-us Fri, 15 Mar 2013 00:00:00 +0530 Thu, 18 Apr 2013 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233601 The Appellate Tribunal CESTAT Ahmedabad allowed the appeal in a case involving deemed credit disallowance, interest imposition, and penalty imposition due to forged export documents. The Tribunal held that the appellants legitimately processed and cleared the goods, with the diversion by the merchant exporter not affecting their entitlement to credit. Citing a relevant precedent, the Tribunal set aside the Commissioner's order, rejecting the imposition of interest and penalty. The decision emphasized the importance of assessing manufacturing activities and legal references in resolving issues of credit disallowance and penalty imposition in indirect tax disputes. Case-Laws Central Excise Fri, 15 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233601