https://www.taxtmi.com/caselaws?id=261535 The Tribunal allowed the appellant to change its name in the cause title and addressed issues related to irregular availment of capital goods credit and penalty imposition. The appellant's name change was permitted based on valid documentation. Regarding the irregular credit availment, the penalty under Section 11AC was set aside for the appellant due to genuine mistake and prompt corrective actions, while a reduced penalty for the co-noticee was upheld. Compliance with audit findings and lack of deliberate evasion intent were crucial factors in the decision. en-us Thu, 18 Jun 2015 00:00:00 +0530 Wed, 15 Jul 2015 06:56:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261535 The Tribunal allowed the appellant to change its name in the cause title and addressed issues related to irregular availment of capital goods credit and penalty imposition. The appellant's name change was permitted based on valid documentation. Regarding the irregular credit availment, the penalty under Section 11AC was set aside for the appellant due to genuine mistake and prompt corrective actions, while a reduced penalty for the co-noticee was upheld. Compliance with audit findings and lack of deliberate evasion intent were crucial factors in the decision. Case-Laws Central Excise Thu, 18 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261535