https://www.taxtmi.com/caselaws?id=331637 The Appellate Tribunal CESTAT NEW DELHI set aside a penalty of Rs. 30,000 imposed on the appellant for not filing ER-5 and ER-6 returns under the Cenvat Credit Rules within the prescribed period. The Tribunal found that Rule 15 of the Cenvat Credit Rules does not authorize penalties for procedural violations unrelated to Cenvat Credit for inputs or capital goods. As the required return was eventually filed, the penalty was deemed unsustainable. The appeal was allowed, emphasizing the importance of adherence to procedural requirements and ensuring penalties align with the specific provisions of the rules. en-us Fri, 20 May 2016 00:00:00 +0530 Tue, 23 Aug 2016 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331637 The Appellate Tribunal CESTAT NEW DELHI set aside a penalty of Rs. 30,000 imposed on the appellant for not filing ER-5 and ER-6 returns under the Cenvat Credit Rules within the prescribed period. The Tribunal found that Rule 15 of the Cenvat Credit Rules does not authorize penalties for procedural violations unrelated to Cenvat Credit for inputs or capital goods. As the required return was eventually filed, the penalty was deemed unsustainable. The appeal was allowed, emphasizing the importance of adherence to procedural requirements and ensuring penalties align with the specific provisions of the rules. Case-Laws Central Excise Fri, 20 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331637