https://www.taxtmi.com/caselaws?id=238511 The court differentiated between penalties under Rule 15(2) and Section 11AC, finding that Section 11AC did not apply due to the absence of willful intent. The penalty was reduced to Rs. 15,000 under Rule 15(2) of the Cenvat Credit Rules 2004. The appeal was partially allowed, emphasizing the significance of intent in determining the applicable penalty provision in tax cases. en-us Thu, 17 Oct 2013 00:00:00 +0530 Thu, 24 Oct 2013 08:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238511 The court differentiated between penalties under Rule 15(2) and Section 11AC, finding that Section 11AC did not apply due to the absence of willful intent. The penalty was reduced to Rs. 15,000 under Rule 15(2) of the Cenvat Credit Rules 2004. The appeal was partially allowed, emphasizing the significance of intent in determining the applicable penalty provision in tax cases. Case-Laws Service Tax Thu, 17 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238511