Penalty u/r 26 for Fraudulent Credit Claims Deemed Unsustainable Due to Lack of Physical Input Receipt.

Penalty u/r 26 for Fraudulent Credit Claims Deemed Unsustainable Due to Lack of Physical Input Receipt. https://www.taxtmi.com/highlights?id=34729 Penalty u/r 26 - in the present case it is not the case of the clandestine removal of the goods but non-receipt of the inputs and fraudulent availment of the credit without physical receipt of the inputs - the penalty upon the appellant imposed under Rule 26 will not sustain - AT en-us Tue, 09 May 2017 10:57:01 +0530 Tue, 09 May 2017 10:57:01 +0530 TaxTMI RSS Generator Penalty u/r 26 for Fraudulent Credit Claims Deemed Unsustainable Due to Lack of Physical Input Receipt. https://www.taxtmi.com/highlights?id=34729 Penalty u/r 26 - in the present case it is not the case of the clandestine removal of the goods but non-receipt of the inputs and fraudulent availment of the credit without physical receipt of the inputs - the penalty upon the appellant imposed under Rule 26 will not sustain - AT Highlights Central Excise Tue, 09 May 2017 10:57:01 +0530 https://www.taxtmi.com/highlights?id=34729