https://www.taxtmi.com/caselaws?id=337567 The appeals were allowed in favor of the appellant company with modifications to the penalties imposed on the directors. The Tribunal found in favor of the appellant regarding the denial of Cenvat Credit on alleged short found inputs, Cenvat Credit availed on goods not received into the factory, and Cenvat Credit taken on invoices where goods were returned back. However, the recovery of Cenvat Credit along with interest and penalty was confirmed for Cenvat Credit taken without receipt of goods. The demand for Cenvat Credit was dismissed for Cenvat Credit taken with no record of consignment passing Churu toll post. en-us Tue, 20 Dec 2016 00:00:00 +0530 Tue, 07 Mar 2017 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337567 The appeals were allowed in favor of the appellant company with modifications to the penalties imposed on the directors. The Tribunal found in favor of the appellant regarding the denial of Cenvat Credit on alleged short found inputs, Cenvat Credit availed on goods not received into the factory, and Cenvat Credit taken on invoices where goods were returned back. However, the recovery of Cenvat Credit along with interest and penalty was confirmed for Cenvat Credit taken without receipt of goods. The demand for Cenvat Credit was dismissed for Cenvat Credit taken with no record of consignment passing Churu toll post. Case-Laws Central Excise Tue, 20 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337567