https://www.taxtmi.com/caselaws?id=267708 The appellate tribunal set aside the penalty imposed under Section 11AC of CEA,1944 on the appellant for mistakenly availing CENVAT Credit on dutiable and exempted inputs. The tribunal found that the appellant rectified the mistake by paying the outstanding amount upon notification by the Department, without evidence of suppression or misdeclaration. As there was no proof of facts warranting the penalty, it was deemed unsustainable, and the impugned Order-in-Appeal was overturned to the extent of confirming the penalty. The appeal was disposed of accordingly. en-us Fri, 14 Aug 2015 00:00:00 +0530 Thu, 25 Feb 2016 12:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267708 The appellate tribunal set aside the penalty imposed under Section 11AC of CEA,1944 on the appellant for mistakenly availing CENVAT Credit on dutiable and exempted inputs. The tribunal found that the appellant rectified the mistake by paying the outstanding amount upon notification by the Department, without evidence of suppression or misdeclaration. As there was no proof of facts warranting the penalty, it was deemed unsustainable, and the impugned Order-in-Appeal was overturned to the extent of confirming the penalty. The appeal was disposed of accordingly. Case-Laws Central Excise Fri, 14 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267708