https://www.taxtmi.com/caselaws?id=267175 The case involved a dispute over the denial of CENVAT credit due to alleged fraudulent issuance of invoices. The Tribunal upheld the denial of credit, emphasizing the importance of genuine duty-paying documents. A penalty under Section 11AC of the Central Excise Act, 1944 was imposed, with the appellant given the option of a reduced penalty. The Tribunal also addressed the extended period of limitation for demanding CENVAT credit, affirming penalties for wrongly availing credit. Legal precedents were cited to support the decision, ensuring compliance with CENVAT credit rules and penalty provisions. en-us Tue, 29 Sep 2015 00:00:00 +0530 Sat, 31 Oct 2015 09:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267175 The case involved a dispute over the denial of CENVAT credit due to alleged fraudulent issuance of invoices. The Tribunal upheld the denial of credit, emphasizing the importance of genuine duty-paying documents. A penalty under Section 11AC of the Central Excise Act, 1944 was imposed, with the appellant given the option of a reduced penalty. The Tribunal also addressed the extended period of limitation for demanding CENVAT credit, affirming penalties for wrongly availing credit. Legal precedents were cited to support the decision, ensuring compliance with CENVAT credit rules and penalty provisions. Case-Laws Central Excise Tue, 29 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267175