https://www.taxtmi.com/caselaws?id=261496 The Tribunal concluded that the appellant was not eligible for CENVAT credit as the goods covered by the invoices from SSMIPL never reached the factory. Penalties imposed on the appellants were largely upheld, with a minor reduction for appellant No.2. The extended period of limitation was invoked due to fraudulent transactions. The appeals were dismissed except for the modification of the penalty on appellant No.2. en-us Mon, 06 Jul 2015 00:00:00 +0530 Tue, 14 Jul 2015 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261496 The Tribunal concluded that the appellant was not eligible for CENVAT credit as the goods covered by the invoices from SSMIPL never reached the factory. Penalties imposed on the appellants were largely upheld, with a minor reduction for appellant No.2. The extended period of limitation was invoked due to fraudulent transactions. The appeals were dismissed except for the modification of the penalty on appellant No.2. Case-Laws Central Excise Mon, 06 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261496