https://www.taxtmi.com/caselaws?id=345361 The Tribunal allowed the appeals, set aside the impugned order, and ruled in favor of M/s Motherson Sumi Systems Ltd. (MSSL), granting them Cenvat credit. Penalties imposed on MSSL, Mr. Rakesh Kumar Sharma, and Nataraj Plast Industries Ltd. (NPIL) were also overturned. The Tribunal highlighted the significance of reliable evidence and meticulous record-keeping, emphasizing that minor discrepancies and unreliable statements do not warrant penalties or denial of credit. en-us Wed, 29 Mar 2017 00:00:00 +0530 Fri, 28 Jul 2017 17:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345361 The Tribunal allowed the appeals, set aside the impugned order, and ruled in favor of M/s Motherson Sumi Systems Ltd. (MSSL), granting them Cenvat credit. Penalties imposed on MSSL, Mr. Rakesh Kumar Sharma, and Nataraj Plast Industries Ltd. (NPIL) were also overturned. The Tribunal highlighted the significance of reliable evidence and meticulous record-keeping, emphasizing that minor discrepancies and unreliable statements do not warrant penalties or denial of credit. Case-Laws Central Excise Wed, 29 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345361