https://www.taxtmi.com/caselaws?id=328898 The judgment upheld the Commissioner (Appeals) decision to set aside the penalty imposed under Rule 15(2) of Cenvat Credit Rules. The appeal by the Revenue challenging the penalty was dismissed as there was no evidence of suppression of facts by the respondent, as the credit availed was disclosed in official returns and statements. The Commissioner (Appeals) found no basis for penalty imposition, leading to the dismissal of the appeal. en-us Thu, 31 Mar 2016 00:00:00 +0530 Fri, 17 Jun 2016 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328898 The judgment upheld the Commissioner (Appeals) decision to set aside the penalty imposed under Rule 15(2) of Cenvat Credit Rules. The appeal by the Revenue challenging the penalty was dismissed as there was no evidence of suppression of facts by the respondent, as the credit availed was disclosed in official returns and statements. The Commissioner (Appeals) found no basis for penalty imposition, leading to the dismissal of the appeal. Case-Laws Central Excise Thu, 31 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328898