https://www.taxtmi.com/caselaws?id=326865 The appellant contested the imposition of a penalty equivalent to the Cenvat Credit amount, arguing it did not directly benefit from the credit passed on. The Tribunal's decision to uphold the penalty lacked legally justified reasons and failed to consider precedents where varying penalty amounts were imposed. The order was deemed non-speaking and lacking a comprehensive analysis, leading to its setting aside for a fresh decision with proper consideration of all aspects. en-us Thu, 03 Mar 2016 00:00:00 +0530 Fri, 04 Nov 2016 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326865 The appellant contested the imposition of a penalty equivalent to the Cenvat Credit amount, arguing it did not directly benefit from the credit passed on. The Tribunal's decision to uphold the penalty lacked legally justified reasons and failed to consider precedents where varying penalty amounts were imposed. The order was deemed non-speaking and lacking a comprehensive analysis, leading to its setting aside for a fresh decision with proper consideration of all aspects. Case-Laws Central Excise Thu, 03 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326865