https://www.taxtmi.com/caselaws?id=176151 The Tribunal set aside the penalty imposed for availing Cenvat credit on capital goods used in manufacturing exempted goods, ruling that without allegations of suppression of facts, misdeclaration, or fraud, the penalty could not be upheld. However, the Tribunal upheld the demand for Cenvat credit on additional customs duty for imports made through courier, along with the corresponding penalty, due to the significant amount involved and the extended period invoked for the credit. Ultimately, the appeal was disposed of with a mixed outcome favoring the appellant on one issue and the Revenue on the other. en-us Fri, 14 Jun 2013 00:00:00 +0530 Tue, 15 Dec 2015 10:11:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176151 The Tribunal set aside the penalty imposed for availing Cenvat credit on capital goods used in manufacturing exempted goods, ruling that without allegations of suppression of facts, misdeclaration, or fraud, the penalty could not be upheld. However, the Tribunal upheld the demand for Cenvat credit on additional customs duty for imports made through courier, along with the corresponding penalty, due to the significant amount involved and the extended period invoked for the credit. Ultimately, the appeal was disposed of with a mixed outcome favoring the appellant on one issue and the Revenue on the other. Case-Laws Central Excise Fri, 14 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176151