https://www.taxtmi.com/caselaws?id=184029 Wrongful Modvat credit taken on fake duty-paid documents without actual receipt of inputs was recoverable, because the invoices, gate passes, statements and admissions established that the inputs never entered the factory; the consequential penalty on the manufacturer under Rule 173Q was therefore justified. Penalty under Rule 209A could not be imposed on traders or the director because that rule applies only where the goods are found liable to confiscation, and no such finding was recorded; those penalties were set aside. en-us Thu, 02 Jun 2005 00:00:00 +0530 Tue, 28 Jun 2016 13:00:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184029 Wrongful Modvat credit taken on fake duty-paid documents without actual receipt of inputs was recoverable, because the invoices, gate passes, statements and admissions established that the inputs never entered the factory; the consequential penalty on the manufacturer under Rule 173Q was therefore justified. Penalty under Rule 209A could not be imposed on traders or the director because that rule applies only where the goods are found liable to confiscation, and no such finding was recorded; those penalties were set aside. Case-Laws Central Excise Thu, 02 Jun 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184029