https://www.taxtmi.com/caselaws?id=261621 The Tribunal upheld the disallowance of CENVAT Credit with interest, reduced the penalty on the Appellant, and set aside penalties on other individuals. The judgment considered factual verification, intent to evade tax, and individual involvement in the excess credit availment, concluding that penalties under Section 11AC were not warranted due to clerical errors and heavy workload, rather than intentional evasion. en-us Wed, 04 Mar 2015 00:00:00 +0530 Fri, 17 Jul 2015 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261621 The Tribunal upheld the disallowance of CENVAT Credit with interest, reduced the penalty on the Appellant, and set aside penalties on other individuals. The judgment considered factual verification, intent to evade tax, and individual involvement in the excess credit availment, concluding that penalties under Section 11AC were not warranted due to clerical errors and heavy workload, rather than intentional evasion. Case-Laws Central Excise Wed, 04 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261621