https://www.taxtmi.com/caselaws?id=192462 Penalty under Rule 57U(6) of the Central Excise Rules, 1944 was held unsustainable where the supplier's classification declaration had already been accepted by the department. Because the credit was taken on documents reflecting that accepted classification, and no suppression could be attributed to the supplier, there was no basis to impute mala fides to the appellant. The appellant's availment of credit was treated as bona fide, and the penal consequence was set aside. en-us Mon, 06 Jun 2016 00:00:00 +0530 Fri, 02 Jun 2017 10:49:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192462 Penalty under Rule 57U(6) of the Central Excise Rules, 1944 was held unsustainable where the supplier's classification declaration had already been accepted by the department. Because the credit was taken on documents reflecting that accepted classification, and no suppression could be attributed to the supplier, there was no basis to impute mala fides to the appellant. The appellant's availment of credit was treated as bona fide, and the penal consequence was set aside. Case-Laws Central Excise Mon, 06 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192462