https://www.taxtmi.com/caselaws?id=245297 The Tribunal upheld the decision to reduce the penalty imposed on the respondents for availing Cenvat credit on imported goods. The respondents rectified the duty discrepancy upon detection and argued they believed they were eligible for a refund of the Special Additional Duty paid. The Tribunal found no merit in increasing the penalty, determining the issue stemmed from an error rather than intentional evasion, justifying the reduced penalty set by the Commissioner (Appeals). en-us Wed, 22 Jun 2011 00:00:00 +0530 Wed, 26 Mar 2014 08:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245297 The Tribunal upheld the decision to reduce the penalty imposed on the respondents for availing Cenvat credit on imported goods. The respondents rectified the duty discrepancy upon detection and argued they believed they were eligible for a refund of the Special Additional Duty paid. The Tribunal found no merit in increasing the penalty, determining the issue stemmed from an error rather than intentional evasion, justifying the reduced penalty set by the Commissioner (Appeals). Case-Laws Central Excise Wed, 22 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245297