https://www.taxtmi.com/caselaws?id=342822 The Appellate Tribunal ruled in favor of the transporters, finding that they were not liable for penalties under Rule 26 for their involvement in the fraudulent availment of Cenvat credit by a company. The Tribunal determined that the transporters, who issued lorry receipts (LRs) for the transportation of goods, were not directly engaged in the fraudulent activities related to the Cenvat credit. As a result, the penalties imposed on the transporters were set aside, and their appeals were allowed based on the specific circumstances of the case. en-us Wed, 26 Apr 2017 00:00:00 +0530 Thu, 25 May 2017 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342822 The Appellate Tribunal ruled in favor of the transporters, finding that they were not liable for penalties under Rule 26 for their involvement in the fraudulent availment of Cenvat credit by a company. The Tribunal determined that the transporters, who issued lorry receipts (LRs) for the transportation of goods, were not directly engaged in the fraudulent activities related to the Cenvat credit. As a result, the penalties imposed on the transporters were set aside, and their appeals were allowed based on the specific circumstances of the case. Case-Laws Central Excise Wed, 26 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342822