https://www.taxtmi.com/caselaws?id=1827 Cenvat credit was held inadmissible on knitted fabrics, garments and blankets because they were themselves final products and were not used as inputs or in relation to manufacture of the assessee's final product; recovery of the wrongly availed credit was therefore sustained. On penalty, the absence of any allegation of fraud, wilful misstatement, collusion or suppression of facts meant the stricter penalty provision did not apply. The penalty was accordingly confined to the minimum prescribed for wrong availment and reduced to Rs. 10,000, with relief granted only on that issue. en-us Mon, 30 Apr 2007 00:00:00 +0530 Tue, 15 Apr 2008 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1827 Cenvat credit was held inadmissible on knitted fabrics, garments and blankets because they were themselves final products and were not used as inputs or in relation to manufacture of the assessee's final product; recovery of the wrongly availed credit was therefore sustained. On penalty, the absence of any allegation of fraud, wilful misstatement, collusion or suppression of facts meant the stricter penalty provision did not apply. The penalty was accordingly confined to the minimum prescribed for wrong availment and reduced to Rs. 10,000, with relief granted only on that issue. Case-Laws Central Excise Mon, 30 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1827