https://www.taxtmi.com/caselaws?id=261624 The Tribunal dismissed the appeals, confirming the demand for reversal of Cenvat credit and the imposition of penalties under Section 11AC. Penalties under Rule 13 and 15 of the Cenvat Credit Rules were set aside. The judgment highlighted the significance of accurate record-keeping and consequences of not reporting shortages to the department. en-us Fri, 13 Feb 2015 00:00:00 +0530 Tue, 06 Feb 2018 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261624 The Tribunal dismissed the appeals, confirming the demand for reversal of Cenvat credit and the imposition of penalties under Section 11AC. Penalties under Rule 13 and 15 of the Cenvat Credit Rules were set aside. The judgment highlighted the significance of accurate record-keeping and consequences of not reporting shortages to the department. Case-Laws Central Excise Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261624