https://www.taxtmi.com/caselaws?id=194612 The Tribunal partially allowed the appeal, setting aside the penalty imposed on the appellant for availing cenvat credit on disputed goods. The Tribunal considered the evolving legal landscape and lack of fraudulent intent, finding no justification for imposing a penalty under Section 11AC of the Central Excise Act, 1944. The decision was influenced by conflicting judicial opinions and the debatable nature of cenvat credit entitlement for the goods in question, ultimately leading to the appellant's favor in this matter. en-us Mon, 09 May 2016 00:00:00 +0530 Fri, 15 Sep 2017 21:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194612 The Tribunal partially allowed the appeal, setting aside the penalty imposed on the appellant for availing cenvat credit on disputed goods. The Tribunal considered the evolving legal landscape and lack of fraudulent intent, finding no justification for imposing a penalty under Section 11AC of the Central Excise Act, 1944. The decision was influenced by conflicting judicial opinions and the debatable nature of cenvat credit entitlement for the goods in question, ultimately leading to the appellant's favor in this matter. Case-Laws Central Excise Mon, 09 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194612