https://www.taxtmi.com/caselaws?id=191840 The Tribunal set aside penalties imposed on the appellant for availing cenvat credit based on forged invoices, ruling that the appellant acted in good faith with genuine documents. The appellant's lack of knowledge about suppliers' malpractices was established through evidence, leading to the revocation of penalties under Rule 15(1) and 15(2) of the Cenvat Credit Rules, 2004. The matter was remanded for verification of the actual cenvat credit involved, ultimately allowing the appeals and absolving the appellant of penalties. en-us Fri, 11 Dec 2015 00:00:00 +0530 Thu, 04 Jan 2018 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191840 The Tribunal set aside penalties imposed on the appellant for availing cenvat credit based on forged invoices, ruling that the appellant acted in good faith with genuine documents. The appellant's lack of knowledge about suppliers' malpractices was established through evidence, leading to the revocation of penalties under Rule 15(1) and 15(2) of the Cenvat Credit Rules, 2004. The matter was remanded for verification of the actual cenvat credit involved, ultimately allowing the appeals and absolving the appellant of penalties. Case-Laws Central Excise Fri, 11 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191840