https://www.taxtmi.com/caselaws?id=334162 The Tribunal dismissed the appeal by M/s Meghdoot Refrigeration Industries Pvt. Ltd., upholding the demand recovery and penalties imposed for clandestine clearance of goods for repair without payment of duty. The Tribunal held that Rule 16(2) of the Central Excise Rules, 2002 applied, making the goods liable for payment equal to the CENVAT Credit taken. The decision emphasized the consequences of suppression of facts, denying the benefit of Section 11A(2B) to the assessee and upholding the recovery of duty and penalties. en-us Wed, 31 Aug 2016 00:00:00 +0530 Fri, 04 Nov 2016 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334162 The Tribunal dismissed the appeal by M/s Meghdoot Refrigeration Industries Pvt. Ltd., upholding the demand recovery and penalties imposed for clandestine clearance of goods for repair without payment of duty. The Tribunal held that Rule 16(2) of the Central Excise Rules, 2002 applied, making the goods liable for payment equal to the CENVAT Credit taken. The decision emphasized the consequences of suppression of facts, denying the benefit of Section 11A(2B) to the assessee and upholding the recovery of duty and penalties. Case-Laws Central Excise Wed, 31 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334162