https://www.taxtmi.com/caselaws?id=355221 The Tribunal dismissed the Revenue's application for rectification of mistake regarding penalty imposition under Rule 13 of CENVAT Credit Rules, 2002 instead of Section 11AC. It was held that the penalty imposed under Rule 13 and Section 11AC was correct as per the Adjudicating Authority's order, and no error was found in mentioning Section 11AC in the Tribunal's order. The judgment emphasized the lack of malafide intent by the respondent, leading to the setting aside of the penalty under Rule 13 and Section 11AC. en-us Thu, 11 Jan 2018 00:00:00 +0530 Mon, 12 Feb 2018 07:18:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355221 The Tribunal dismissed the Revenue's application for rectification of mistake regarding penalty imposition under Rule 13 of CENVAT Credit Rules, 2002 instead of Section 11AC. It was held that the penalty imposed under Rule 13 and Section 11AC was correct as per the Adjudicating Authority's order, and no error was found in mentioning Section 11AC in the Tribunal's order. The judgment emphasized the lack of malafide intent by the respondent, leading to the setting aside of the penalty under Rule 13 and Section 11AC. Case-Laws Central Excise Thu, 11 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355221