https://www.taxtmi.com/caselaws?id=353566 The appellant successfully appealed against penalties imposed on them for inadmissible Cenvat credit on certain inputs. The court ruled in favor of allowing the appellant to pay a reduced penalty of 25% within 30 days, even without the initial option. The penalty on the main appellant was reduced to 25% of the duty paid, and the personal penalty on a partner was set aside based on a Gujarat High Court decision. The impugned order was set aside, modifying penalties to 25% for the main appellant and annulled for the partner, in line with legal precedents and provisions cited in the judgment. en-us Mon, 20 Nov 2017 00:00:00 +0530 Mon, 08 Jan 2018 09:15:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353566 The appellant successfully appealed against penalties imposed on them for inadmissible Cenvat credit on certain inputs. The court ruled in favor of allowing the appellant to pay a reduced penalty of 25% within 30 days, even without the initial option. The penalty on the main appellant was reduced to 25% of the duty paid, and the personal penalty on a partner was set aside based on a Gujarat High Court decision. The impugned order was set aside, modifying penalties to 25% for the main appellant and annulled for the partner, in line with legal precedents and provisions cited in the judgment. Case-Laws Central Excise Mon, 20 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353566