https://www.taxtmi.com/caselaws?id=336741 The Tribunal upheld the demand, interest, and penalty on the appellant for availing Cenvat Credit on fake invoices, except for confiscation due to unavailability of goods. The Tribunal rejected the appellant's argument of lack of awareness and absence of mala fide intention, emphasizing the responsibility to verify document authenticity. It held that the demand was not time-barred due to the fraudulent nature of the invoices. The penalty on the director of the company was deemed justifiable as he accepted the use of fake invoices. The imposition of a redemption fine was dismissed as goods for confiscation were not available. en-us Mon, 11 Jul 2016 00:00:00 +0530 Tue, 27 Dec 2016 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336741 The Tribunal upheld the demand, interest, and penalty on the appellant for availing Cenvat Credit on fake invoices, except for confiscation due to unavailability of goods. The Tribunal rejected the appellant's argument of lack of awareness and absence of mala fide intention, emphasizing the responsibility to verify document authenticity. It held that the demand was not time-barred due to the fraudulent nature of the invoices. The penalty on the director of the company was deemed justifiable as he accepted the use of fake invoices. The imposition of a redemption fine was dismissed as goods for confiscation were not available. Case-Laws Central Excise Mon, 11 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336741