https://www.taxtmi.com/caselaws?id=3313 The tribunal upheld the order confirming a demand of Rs.33,893 and penalty imposition against the appellant for claiming depreciation on amounts also utilized as Modvat Credit. The appellant's failure to inform the department about utilizing Cenvat credit on capital goods, coupled with the withholding of information, led to dismissal of the appeal under Section 35B(1) of the Central Excise Act, 1944. The tribunal found the appellant's challenges unsubstantiated, resulting in the dismissal of the appeal and disposal of the stay application. en-us Wed, 24 Oct 2007 00:00:00 +0530 Wed, 16 Apr 2008 17:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3313 The tribunal upheld the order confirming a demand of Rs.33,893 and penalty imposition against the appellant for claiming depreciation on amounts also utilized as Modvat Credit. The appellant's failure to inform the department about utilizing Cenvat credit on capital goods, coupled with the withholding of information, led to dismissal of the appeal under Section 35B(1) of the Central Excise Act, 1944. The tribunal found the appellant's challenges unsubstantiated, resulting in the dismissal of the appeal and disposal of the stay application. Case-Laws Central Excise Wed, 24 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3313