https://www.taxtmi.com/caselaws?id=335933 Penalty under Section 11AC of the Central Excise Act was held unsustainable where the record showed no fraud, suppression, or intent to evade duty, as mere audit-based correction and payment of interest did not justify automatic penalty. CENVAT credit was also allowed despite invoices reflecting the Head Office address, because the defect was treated as technical and subsequently cured, and the documents were otherwise sufficient to support the credit claim. The impugned order was set aside, granting relief on both the penalty and credit issues. en-us Fri, 09 Dec 2016 00:00:00 +0530 Tue, 13 Dec 2016 10:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335933 Penalty under Section 11AC of the Central Excise Act was held unsustainable where the record showed no fraud, suppression, or intent to evade duty, as mere audit-based correction and payment of interest did not justify automatic penalty. CENVAT credit was also allowed despite invoices reflecting the Head Office address, because the defect was treated as technical and subsequently cured, and the documents were otherwise sufficient to support the credit claim. The impugned order was set aside, granting relief on both the penalty and credit issues. Case-Laws Central Excise Fri, 09 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335933