https://www.taxtmi.com/caselaws?id=341867 The Tribunal ruled in favor of the appellant, allowing Modvat Credit of Rs. 16,95,287, subject to verification by the Commissioner. The demand for Switch Expansion Joints was set aside, and the penalty of Rs. 2 lakhs under Rule 173Q of Central Excise Rules 1944 was deemed unwarranted due to the absence of fraudulent conduct. The case was remanded for the calculation of Modvat, net demand payable/refundable, and any pre-deposits made by the appellant. en-us Fri, 16 Dec 2016 00:00:00 +0530 Wed, 19 Apr 2017 07:05:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341867 The Tribunal ruled in favor of the appellant, allowing Modvat Credit of Rs. 16,95,287, subject to verification by the Commissioner. The demand for Switch Expansion Joints was set aside, and the penalty of Rs. 2 lakhs under Rule 173Q of Central Excise Rules 1944 was deemed unwarranted due to the absence of fraudulent conduct. The case was remanded for the calculation of Modvat, net demand payable/refundable, and any pre-deposits made by the appellant. Case-Laws Central Excise Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341867