https://www.taxtmi.com/caselaws?id=241206 The Tribunal upheld the lower authority's decision, rejecting the appellant's appeal regarding disputed Cenvat credit on scrap of Mild Steel purchased from second stage dealers. Despite the appellant's claim of innocence regarding the fraudulent nature of the transactions, discrepancies in pricing and goods description indicated otherwise. The Tribunal found that the duty payment did not correspond to the actual material used in manufacturing, leading to the affirmation of the demand, interest, and penalty imposed on the appellant. en-us Fri, 01 Mar 2013 00:00:00 +0530 Thu, 19 Dec 2013 06:08:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241206 The Tribunal upheld the lower authority's decision, rejecting the appellant's appeal regarding disputed Cenvat credit on scrap of Mild Steel purchased from second stage dealers. Despite the appellant's claim of innocence regarding the fraudulent nature of the transactions, discrepancies in pricing and goods description indicated otherwise. The Tribunal found that the duty payment did not correspond to the actual material used in manufacturing, leading to the affirmation of the demand, interest, and penalty imposed on the appellant. Case-Laws Central Excise Fri, 01 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241206