https://www.taxtmi.com/caselaws?id=357047 The appeal was allowed against an Order-in-Original disallowing Cenvat credit of Rs. 9,25,387 due to alleged suppression of facts by the appellant's unit. The court found no intent to evade duty, emphasizing revenue neutrality in a stock transfer within the same company. The Settlement Commission's lenient penalty imposition of Rs. 1.5 lakhs indicated no malicious intent, leading to the appeal being allowed based on the lack of grounds to deny Cenvat credit. en-us Fri, 27 Oct 2017 00:00:00 +0530 Sat, 17 Mar 2018 08:00:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357047 The appeal was allowed against an Order-in-Original disallowing Cenvat credit of Rs. 9,25,387 due to alleged suppression of facts by the appellant's unit. The court found no intent to evade duty, emphasizing revenue neutrality in a stock transfer within the same company. The Settlement Commission's lenient penalty imposition of Rs. 1.5 lakhs indicated no malicious intent, leading to the appeal being allowed based on the lack of grounds to deny Cenvat credit. Case-Laws Central Excise Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357047