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    <title>Confiscation and Penalty</title>
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    <description>Rule 15 of the Cenvat Credit Rules, 2004 subjects inputs, capital goods and input services to confiscation where CENVAT credit is wrongly taken or utilised or where other Rule provisions are contravened, and prescribes penalties-including aggravated penalties for cases involving fraud, collusion, wilful misstatement or suppression of facts-while requiring that any confiscation or penalty order be issued by the Central Excise Officer in accordance with principles of natural justice.</description>
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      <description>Rule 15 of the Cenvat Credit Rules, 2004 subjects inputs, capital goods and input services to confiscation where CENVAT credit is wrongly taken or utilised or where other Rule provisions are contravened, and prescribes penalties-including aggravated penalties for cases involving fraud, collusion, wilful misstatement or suppression of facts-while requiring that any confiscation or penalty order be issued by the Central Excise Officer in accordance with principles of natural justice.</description>
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