https://www.taxtmi.com/caselaws?id=3263 The Appellate Tribunal CESTAT, Mumbai, upheld the Commissioner (Appeals)'s findings that there was no intent to evade duty in a case involving availing ineligible Cenvat credit. The Tribunal noted the respondent's prompt payment of duty upon notification of ineligibility and reversal of the amount with interest, indicating no intention to evade duty. Raising debit notes for inputs received short further supported the lack of suppression allegations. Consequently, the Tribunal rejected the Revenue's appeal, ruling that the issue did not fall under Section 11AC due to the absence of intent to avail ineligible credit. en-us Tue, 16 Oct 2007 00:00:00 +0530 Wed, 16 Apr 2008 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3263 The Appellate Tribunal CESTAT, Mumbai, upheld the Commissioner (Appeals)'s findings that there was no intent to evade duty in a case involving availing ineligible Cenvat credit. The Tribunal noted the respondent's prompt payment of duty upon notification of ineligibility and reversal of the amount with interest, indicating no intention to evade duty. Raising debit notes for inputs received short further supported the lack of suppression allegations. Consequently, the Tribunal rejected the Revenue's appeal, ruling that the issue did not fall under Section 11AC due to the absence of intent to avail ineligible credit. Case-Laws Central Excise Tue, 16 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3263