https://www.taxtmi.com/caselaws?id=236498 The appeal filed by the assessee contesting penalties imposed for duty defaults and misrepresentations in returns was dismissed. The demand of duty, including excise duty and irregularly utilized CENVAT credit, was confirmed. Penalties were imposed under Section 11AC of the Central Excise Act and Rule 15(2) of the CENVAT Credit Rules, 2004, due to defaults in duty payment and misrepresentation in returns. The Tribunal upheld the penalties, emphasizing the assessee's conduct warranted penalty imposition. The challenge against the demand of CENVAT credit amount was also dismissed, affirming the penalties imposed on the assessee. en-us Thu, 22 Nov 2012 00:00:00 +0530 Fri, 30 Aug 2013 09:41:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236498 The appeal filed by the assessee contesting penalties imposed for duty defaults and misrepresentations in returns was dismissed. The demand of duty, including excise duty and irregularly utilized CENVAT credit, was confirmed. Penalties were imposed under Section 11AC of the Central Excise Act and Rule 15(2) of the CENVAT Credit Rules, 2004, due to defaults in duty payment and misrepresentation in returns. The Tribunal upheld the penalties, emphasizing the assessee's conduct warranted penalty imposition. The challenge against the demand of CENVAT credit amount was also dismissed, affirming the penalties imposed on the assessee. Case-Laws Central Excise Thu, 22 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236498