https://www.taxtmi.com/caselaws?id=268435 The Tribunal ruled in favor of the manufacturer buyers, including M/s. Neha Enterprises, Swiss Auto, and Bentex Motor Control Gear Industries, by dismissing demands of duty, interest, and penalties due to denied Cenvat Credit. The denial of Cenvat credit to the manufacturer buyers was set aside based on the matching description of goods in the invoices. Appeals by Revenue against dropping demands and penalties were dismissed due to lack of corroborative evidence. Penalties were imposed on M/s. AMCorpn. and M/s. AMCo., while penalties on individuals were dropped. Amounts paid during the investigation were deemed non-refundable, and various appeals were allowed or dismissed accordingly. en-us Mon, 20 Apr 2015 00:00:00 +0530 Tue, 24 Nov 2015 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=268435 The Tribunal ruled in favor of the manufacturer buyers, including M/s. Neha Enterprises, Swiss Auto, and Bentex Motor Control Gear Industries, by dismissing demands of duty, interest, and penalties due to denied Cenvat Credit. The denial of Cenvat credit to the manufacturer buyers was set aside based on the matching description of goods in the invoices. Appeals by Revenue against dropping demands and penalties were dismissed due to lack of corroborative evidence. Penalties were imposed on M/s. AMCorpn. and M/s. AMCo., while penalties on individuals were dropped. Amounts paid during the investigation were deemed non-refundable, and various appeals were allowed or dismissed accordingly. Case-Laws Central Excise Mon, 20 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=268435