https://www.taxtmi.com/caselaws?id=241038 The Tribunal confirmed penalties on M/s Mohit Metal Trading Co. (MMTC) and Vardman Sales Agency (VSA) for availing Cenvat credit based on fake invoices. MMTC and VSA challenged the penalties before the Commissioner (Appeals), who rejected their appeal. The Tribunal upheld penalties for discrepancies in transportation details for some invoices by MMTC but set aside penalties where evidence was lacking. VSA's penalty was overturned due to a typing error in the vehicle number. The Tribunal allowed VSA's appeal and partially allowed MMTC's appeal concerning specific invoices dated 26.6.2006. en-us Mon, 20 May 2013 00:00:00 +0530 Mon, 16 Dec 2013 16:09:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241038 The Tribunal confirmed penalties on M/s Mohit Metal Trading Co. (MMTC) and Vardman Sales Agency (VSA) for availing Cenvat credit based on fake invoices. MMTC and VSA challenged the penalties before the Commissioner (Appeals), who rejected their appeal. The Tribunal upheld penalties for discrepancies in transportation details for some invoices by MMTC but set aside penalties where evidence was lacking. VSA's penalty was overturned due to a typing error in the vehicle number. The Tribunal allowed VSA's appeal and partially allowed MMTC's appeal concerning specific invoices dated 26.6.2006. Case-Laws Central Excise Mon, 20 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241038