https://www.taxtmi.com/caselaws?id=236949 The appellate court remanded the case for a fresh decision on the penalty imposed under Rule 15 of the CENVAT Credit Rules 2004. The appellant challenged the penalty of Rs. 25,000 for non-compliance with Rule 10 regarding the transfer of unutilized CENVAT credit during the relocation of their manufacturing unit. The court found that the appellant failed to obtain proper permission for the credit transfer, necessitating a reevaluation of the penalty. The case underscores the importance of procedural compliance in availing CENVAT credit benefits and the need for a fair opportunity for the appellant to address the discrepancies in the case. en-us Fri, 04 May 2012 00:00:00 +0530 Fri, 13 Sep 2013 10:20:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236949 The appellate court remanded the case for a fresh decision on the penalty imposed under Rule 15 of the CENVAT Credit Rules 2004. The appellant challenged the penalty of Rs. 25,000 for non-compliance with Rule 10 regarding the transfer of unutilized CENVAT credit during the relocation of their manufacturing unit. The court found that the appellant failed to obtain proper permission for the credit transfer, necessitating a reevaluation of the penalty. The case underscores the importance of procedural compliance in availing CENVAT credit benefits and the need for a fair opportunity for the appellant to address the discrepancies in the case. Case-Laws Central Excise Fri, 04 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236949