https://www.taxtmi.com/caselaws?id=242038 The Appellate Tribunal CESTAT Bangalore ruled in the case involving M/s Bactolac Formulations Pvt. Ltd. that duty paid through CENVAT credit cannot be demanded again, preventing double payment. The Tribunal dismissed the department's appeal, aligning with legal precedents like Solar Chemferts, and reduced the penalty to Rs.5,000 in accordance with Rule 27 and a Gujarat High Court ruling. This decision clarified the recoverability of duty and emphasized adherence to legal precedents and rules in penalty determinations, ultimately reducing the penalty on the assessee. en-us Fri, 01 Jun 2012 00:00:00 +0530 Mon, 06 Jan 2014 16:28:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242038 The Appellate Tribunal CESTAT Bangalore ruled in the case involving M/s Bactolac Formulations Pvt. Ltd. that duty paid through CENVAT credit cannot be demanded again, preventing double payment. The Tribunal dismissed the department's appeal, aligning with legal precedents like Solar Chemferts, and reduced the penalty to Rs.5,000 in accordance with Rule 27 and a Gujarat High Court ruling. This decision clarified the recoverability of duty and emphasized adherence to legal precedents and rules in penalty determinations, ultimately reducing the penalty on the assessee. Case-Laws Central Excise Fri, 01 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242038