https://www.taxtmi.com/caselaws?id=353020 The appellant wrongly availed Cenvat credit on a Bill of Entry for a warehouse, leading to a demand of Rs. 4,41,793. The appellant paid the amount before the show cause notice, and a penalty was imposed. The appellant appealed for waiver of the penalty, arguing the mistake was unintentional. The judge found no malicious intent, as the credit was promptly reversed and not utilized. The penalty under Section 11AC was set aside, upholding the demand and payment of Cenvat credit with interest. en-us Fri, 06 Oct 2017 00:00:00 +0530 Wed, 27 Dec 2017 08:10:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353020 The appellant wrongly availed Cenvat credit on a Bill of Entry for a warehouse, leading to a demand of Rs. 4,41,793. The appellant paid the amount before the show cause notice, and a penalty was imposed. The appellant appealed for waiver of the penalty, arguing the mistake was unintentional. The judge found no malicious intent, as the credit was promptly reversed and not utilized. The penalty under Section 11AC was set aside, upholding the demand and payment of Cenvat credit with interest. Case-Laws Central Excise Fri, 06 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353020