https://www.taxtmi.com/caselaws?id=342537 The appeal by M/s Padma Flashlights Pvt Ltd challenging the disallowance of CENVAT credit was successful. The court found that there was no deliberate attempt to claim ineligible credit, as the disputed amounts were promptly reversed upon audit. The court noted that the show cause notice and lower authorities failed to establish deliberate intent, leading to the conclusion that penalties were unjustified. Therefore, the penalties imposed were set aside, and the appeal was allowed. en-us Thu, 24 Nov 2016 00:00:00 +0530 Sat, 06 May 2017 10:35:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342537 The appeal by M/s Padma Flashlights Pvt Ltd challenging the disallowance of CENVAT credit was successful. The court found that there was no deliberate attempt to claim ineligible credit, as the disputed amounts were promptly reversed upon audit. The court noted that the show cause notice and lower authorities failed to establish deliberate intent, leading to the conclusion that penalties were unjustified. Therefore, the penalties imposed were set aside, and the appeal was allowed. Case-Laws Central Excise Thu, 24 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342537