https://www.taxtmi.com/caselaws?id=344979 CENVAT credit on capital goods sent to a sister unit for job work was reversible because the record did not show receipt back within 180 days, and re-credit was available only upon subsequent receipt; the demand for reversal was upheld. Penalty under Rule 15(2) read with Section 11AC was not sustained in view of the High Court ruling relied on by the assessee, so the penalty was deleted. en-us Thu, 29 Jun 2017 00:00:00 +0530 Sat, 05 Aug 2017 14:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344979 CENVAT credit on capital goods sent to a sister unit for job work was reversible because the record did not show receipt back within 180 days, and re-credit was available only upon subsequent receipt; the demand for reversal was upheld. Penalty under Rule 15(2) read with Section 11AC was not sustained in view of the High Court ruling relied on by the assessee, so the penalty was deleted. Case-Laws Central Excise Thu, 29 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344979