https://www.taxtmi.com/caselaws?id=253543 The High Court of Bombay admitted the appeals concerning penalties for incorrect availing of Modvat Credit, confirmation of demand, and imposition of penalties under relevant provisions. The judgment emphasized the importance of proportionate penalties based on the severity of violations and the relevance of past decisions by the CESTAT, particularly the case of M/s. Bombay Dyeing & Mfg. Co. Ltd. The court scrutinized discrepancies between invoiced and received quantities, questioning the Tribunal's decisions. en-us Thu, 13 Mar 2014 00:00:00 +0530 Thu, 27 Nov 2014 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253543 The High Court of Bombay admitted the appeals concerning penalties for incorrect availing of Modvat Credit, confirmation of demand, and imposition of penalties under relevant provisions. The judgment emphasized the importance of proportionate penalties based on the severity of violations and the relevance of past decisions by the CESTAT, particularly the case of M/s. Bombay Dyeing & Mfg. Co. Ltd. The court scrutinized discrepancies between invoiced and received quantities, questioning the Tribunal's decisions. Case-Laws Central Excise Thu, 13 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253543