https://www.taxtmi.com/caselaws?id=340694 The Tribunal partly allowed the appeal, maintaining the demand for Cenvat Credit on inputs used exclusively for exempted goods. The penalty under Rule 15 of Cenvat Credit Rules, 2004, was deemed unsustainable due to the appellant's full disclosure of facts and previous tribunal decisions. The judgment emphasizes the significance of disclosing all relevant facts to the department and relying on legal precedents to support claims regarding the admissibility of Cenvat Credit and penalties under the rules. en-us Wed, 15 Feb 2017 00:00:00 +0530 Sat, 25 Mar 2017 09:03:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340694 The Tribunal partly allowed the appeal, maintaining the demand for Cenvat Credit on inputs used exclusively for exempted goods. The penalty under Rule 15 of Cenvat Credit Rules, 2004, was deemed unsustainable due to the appellant's full disclosure of facts and previous tribunal decisions. The judgment emphasizes the significance of disclosing all relevant facts to the department and relying on legal precedents to support claims regarding the admissibility of Cenvat Credit and penalties under the rules. Case-Laws Central Excise Wed, 15 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340694