https://www.taxtmi.com/caselaws?id=334328 The Tribunal upheld the decision of the Commissioner (Appeals) in a case involving wrongful availment of Cenvat Credit without receipt of materials. The appellant's argument that the demand was time-barred was dismissed based on the settled legal position that a demand notice can be issued even after a year from the detection of the suppression of facts. The appeals against the adjudication of demand and penalty imposition were rejected as the appellant had admitted to the wrongful availment of Cenvat Credit. The judgment underscores the importance of timely issuance of demand notices and the consequences of such wrongful acts under the Central Excise Rules, 2002. en-us Fri, 12 Aug 2016 00:00:00 +0530 Thu, 10 Nov 2016 14:03:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334328 The Tribunal upheld the decision of the Commissioner (Appeals) in a case involving wrongful availment of Cenvat Credit without receipt of materials. The appellant's argument that the demand was time-barred was dismissed based on the settled legal position that a demand notice can be issued even after a year from the detection of the suppression of facts. The appeals against the adjudication of demand and penalty imposition were rejected as the appellant had admitted to the wrongful availment of Cenvat Credit. The judgment underscores the importance of timely issuance of demand notices and the consequences of such wrongful acts under the Central Excise Rules, 2002. Case-Laws Central Excise Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334328