https://www.taxtmi.com/caselaws?id=187999 The appeal by the Revenue challenging the setting aside of penalties imposed on the respondents for availing Cenvat credit on damaged inputs and claiming insurance was rejected. The Commissioner (Appeals) found that the respondents had paid the duty liability and interest before the show cause notice, aligning with legal precedent. The penalty under Rule 15 of Cenvat Credit Rules, 2004 was set aside, while duty demand and interest recovery were upheld. en-us Wed, 27 Jun 2007 00:00:00 +0530 Tue, 15 Nov 2016 11:28:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187999 The appeal by the Revenue challenging the setting aside of penalties imposed on the respondents for availing Cenvat credit on damaged inputs and claiming insurance was rejected. The Commissioner (Appeals) found that the respondents had paid the duty liability and interest before the show cause notice, aligning with legal precedent. The penalty under Rule 15 of Cenvat Credit Rules, 2004 was set aside, while duty demand and interest recovery were upheld. Case-Laws Central Excise Wed, 27 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187999