https://www.taxtmi.com/caselaws?id=331368 The Tribunal, per S. S. Garg, ruled in favor of the appellant in a case involving incorrect cenvat credit and penalty imposition under Section 11AC. The appellant rectified the credit error before utilization, aligning with legal requirements and established case laws. The Tribunal found the penalty and interest demands unsustainable, setting them aside and emphasizing adherence to legal provisions and precedents to avoid duty evasion and penalty imposition. en-us Fri, 19 Aug 2016 00:00:00 +0530 Fri, 19 Aug 2016 18:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331368 The Tribunal, per S. S. Garg, ruled in favor of the appellant in a case involving incorrect cenvat credit and penalty imposition under Section 11AC. The appellant rectified the credit error before utilization, aligning with legal requirements and established case laws. The Tribunal found the penalty and interest demands unsustainable, setting them aside and emphasizing adherence to legal provisions and precedents to avoid duty evasion and penalty imposition. Case-Laws Central Excise Fri, 19 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331368