https://www.taxtmi.com/caselaws?id=342593 The tribunal confirmed a demand against RMIL for wrong availment of credit, along with penalties, due to fraudulent invoices. The tribunal upheld the demand against RMIL for the wrong availment of Cenvat credit. Penalties under Section 11AC and Rule 25 were set aside for RMIL and its Dy. General Manager, as they were not aware of the fraudulent activities. The penalty on J.K. Metal Feeders was upheld. RMIL's appeal was partly allowed, the Dy. General Manager's appeal was allowed, and J.K. Metal Feeders' appeal was dismissed. The judgment emphasizes the importance of due diligence in verifying invoices to avoid wrongful availment of credits and penalties. en-us Wed, 26 Apr 2017 00:00:00 +0530 Thu, 25 May 2017 10:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342593 The tribunal confirmed a demand against RMIL for wrong availment of credit, along with penalties, due to fraudulent invoices. The tribunal upheld the demand against RMIL for the wrong availment of Cenvat credit. Penalties under Section 11AC and Rule 25 were set aside for RMIL and its Dy. General Manager, as they were not aware of the fraudulent activities. The penalty on J.K. Metal Feeders was upheld. RMIL's appeal was partly allowed, the Dy. General Manager's appeal was allowed, and J.K. Metal Feeders' appeal was dismissed. The judgment emphasizes the importance of due diligence in verifying invoices to avoid wrongful availment of credits and penalties. Case-Laws Central Excise Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342593