https://www.taxtmi.com/caselaws?id=240502 The Tribunal set aside the penalty imposed on the appellant under Section 11AC and Rule 15 of the Cenvat Credit Rules, finding that the transfer of capital goods to their sister units within the same Commissionerate for job work did not constitute evasion of duty. The decision was based on the principle of revenue neutrality, leading to the appeal being allowed and the penalty being revoked. en-us Fri, 19 Apr 2013 00:00:00 +0530 Fri, 06 Dec 2013 08:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240502 The Tribunal set aside the penalty imposed on the appellant under Section 11AC and Rule 15 of the Cenvat Credit Rules, finding that the transfer of capital goods to their sister units within the same Commissionerate for job work did not constitute evasion of duty. The decision was based on the principle of revenue neutrality, leading to the appeal being allowed and the penalty being revoked. Case-Laws Central Excise Fri, 19 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240502