https://www.taxtmi.com/caselaws?id=235179 The Tribunal upheld the denial of CENVAT credit due to the appellant's failure to deduct the entire duty paid on capital goods for claiming depreciation. However, the penalty imposed was revoked as the show-cause notice did not establish intent for penalizing the appellant. The denial of CENVAT credit was sustained, but the penalty was set aside, resulting in the partial allowance of the appeal. en-us Thu, 31 Jan 2013 00:00:00 +0530 Mon, 15 Jul 2013 08:11:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235179 The Tribunal upheld the denial of CENVAT credit due to the appellant's failure to deduct the entire duty paid on capital goods for claiming depreciation. However, the penalty imposed was revoked as the show-cause notice did not establish intent for penalizing the appellant. The denial of CENVAT credit was sustained, but the penalty was set aside, resulting in the partial allowance of the appeal. Case-Laws Central Excise Thu, 31 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235179