https://www.taxtmi.com/caselaws?id=344620 Penalty under Rule 15 of the Cenvat Credit Rules, 2004 read with Section 11AC of the Central Excise Act, 1944 was held unsustainable because the wrongly availed Cenvat credit was reversed before the show-cause notice and interest was later paid. The credit related to outward GTA services, input services, non-receipt of raw material, and a small die-cost amount. As the Revenue produced no material showing intent to evade duty, the penal provision was not attracted. Penalty was therefore set aside. en-us Wed, 11 Jan 2017 00:00:00 +0530 Thu, 22 Jun 2017 09:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344620 Penalty under Rule 15 of the Cenvat Credit Rules, 2004 read with Section 11AC of the Central Excise Act, 1944 was held unsustainable because the wrongly availed Cenvat credit was reversed before the show-cause notice and interest was later paid. The credit related to outward GTA services, input services, non-receipt of raw material, and a small die-cost amount. As the Revenue produced no material showing intent to evade duty, the penal provision was not attracted. Penalty was therefore set aside. Case-Laws Central Excise Wed, 11 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344620