https://www.taxtmi.com/caselaws?id=339373 The Tribunal upheld the denial of CENVAT credit on capital goods amounting to &8377; 22,27,974 due to the appellant's failure to transfer the goods to the new premises as required by Rule 10 of the CCR 2004. However, the CENVAT credit of &8377; 7,56,612 on input services for Wind Mills maintenance was deemed admissible based on precedent. The penalty imposed under Rule 15 and Sec. 11AC was reduced, granting the appellant a 25% penalty reduction in accordance with the conditions under Sec. 11AC of the Central Excise Act. The appeal was disposed of with modifications to the impugned order. en-us Mon, 02 Jan 2017 00:00:00 +0530 Sat, 25 Feb 2017 14:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339373 The Tribunal upheld the denial of CENVAT credit on capital goods amounting to &8377; 22,27,974 due to the appellant's failure to transfer the goods to the new premises as required by Rule 10 of the CCR 2004. However, the CENVAT credit of &8377; 7,56,612 on input services for Wind Mills maintenance was deemed admissible based on precedent. The penalty imposed under Rule 15 and Sec. 11AC was reduced, granting the appellant a 25% penalty reduction in accordance with the conditions under Sec. 11AC of the Central Excise Act. The appeal was disposed of with modifications to the impugned order. Case-Laws Central Excise Mon, 02 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339373