https://www.taxtmi.com/caselaws?id=353524 The Tribunal upheld the second show cause notice's legality due to new facts discovered, justifying its imposition for 24 invoices but not for 2 invoices. Cenvat credit demand of Rs. 10,84,303/- on 24 invoices from M/s. HSAL was upheld as fraudulent, while demand related to 2 invoices from M/s. Shiv Shakti Steels was set aside. A penalty of Rs. 10,84,303/- on the company was upheld, and the Director's penalty was reduced to Rs. 6,00,000/-. The appeals were disposed of accordingly. en-us Thu, 28 Dec 2017 00:00:00 +0530 Mon, 12 Feb 2018 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353524 The Tribunal upheld the second show cause notice's legality due to new facts discovered, justifying its imposition for 24 invoices but not for 2 invoices. Cenvat credit demand of Rs. 10,84,303/- on 24 invoices from M/s. HSAL was upheld as fraudulent, while demand related to 2 invoices from M/s. Shiv Shakti Steels was set aside. A penalty of Rs. 10,84,303/- on the company was upheld, and the Director's penalty was reduced to Rs. 6,00,000/-. The appeals were disposed of accordingly. Case-Laws Central Excise Thu, 28 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353524