https://www.taxtmi.com/caselaws?id=1213 The Tribunal set aside the penalty imposed on the appellant, ruling that there was no evidence of intentional wrongful availing of excess credit to evade duty payment. The judgment emphasized the need to prove fraudulent intent or contravention to apply penalties under Section 11AC or Rule 13(2) of the Cenvat Credit Rules. The Tribunal concluded that the penalty was unwarranted as there was no proof of suppression, collusion, or misstatement by the appellant to evade duty. en-us Tue, 28 Nov 2006 00:00:00 +0530 Wed, 28 Jan 2009 21:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1213 The Tribunal set aside the penalty imposed on the appellant, ruling that there was no evidence of intentional wrongful availing of excess credit to evade duty payment. The judgment emphasized the need to prove fraudulent intent or contravention to apply penalties under Section 11AC or Rule 13(2) of the Cenvat Credit Rules. The Tribunal concluded that the penalty was unwarranted as there was no proof of suppression, collusion, or misstatement by the appellant to evade duty. Case-Laws Central Excise Tue, 28 Nov 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1213