https://www.taxtmi.com/caselaws?id=338732 The appeal was dismissed by the Appellate Tribunal, upholding the imposition of penalties and interest on the appellants for availing double Cenvat Credit. The tribunal found that the appellants failed to demonstrate bonafide conduct in self-assessment and had willfully suppressed facts to evade payment of Central Excise duty. Despite relying on case laws to contest the penalty, the appellants' arguments were not deemed sufficient to overturn the original decision. The dismissal of the appeal confirmed the demand for excess credit and the imposition of penalties and interest. en-us Fri, 30 Dec 2016 00:00:00 +0530 Fri, 10 Feb 2017 08:50:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338732 The appeal was dismissed by the Appellate Tribunal, upholding the imposition of penalties and interest on the appellants for availing double Cenvat Credit. The tribunal found that the appellants failed to demonstrate bonafide conduct in self-assessment and had willfully suppressed facts to evade payment of Central Excise duty. Despite relying on case laws to contest the penalty, the appellants' arguments were not deemed sufficient to overturn the original decision. The dismissal of the appeal confirmed the demand for excess credit and the imposition of penalties and interest. Case-Laws Central Excise Fri, 30 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338732