https://www.taxtmi.com/caselaws?id=239916 The tribunal imposed a personal penalty of Rs.31,822 on the appellant, a director of a second stage dealer, for passing on ineligible cenvat credit. The appellant was directed to deposit Rs.10,000 within four weeks, with recovery stayed pending appeal. Evidence suggested the appellant may have passed on ineligible credit, necessitating the deposit. The tribunal emphasized the need for thorough examination at the final disposal stage and allowed waiver of pre-deposit for the remaining amounts. The decision aimed to address the issue comprehensively while ensuring fair treatment of all parties involved. en-us Mon, 17 Jun 2013 00:00:00 +0530 Sun, 24 Nov 2013 07:22:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239916 The tribunal imposed a personal penalty of Rs.31,822 on the appellant, a director of a second stage dealer, for passing on ineligible cenvat credit. The appellant was directed to deposit Rs.10,000 within four weeks, with recovery stayed pending appeal. Evidence suggested the appellant may have passed on ineligible credit, necessitating the deposit. The tribunal emphasized the need for thorough examination at the final disposal stage and allowed waiver of pre-deposit for the remaining amounts. The decision aimed to address the issue comprehensively while ensuring fair treatment of all parties involved. Case-Laws Central Excise Mon, 17 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239916