https://www.taxtmi.com/caselaws?id=359732 The Tribunal upheld the penalty imposed on the appellant for fraudulent issuance of bogus invoices leading to availing of Cenvat credit. Despite the appellant's plea for a reduction to 25% based on prior Tribunal decisions, the Tribunal emphasized the seriousness of the offense and lack of legal provisions allowing such leniency for dealers. Given the systematic nature of the fraud involving multiple manufacturers, the Tribunal dismissed the appeal and affirmed the penalty under Rule 26(2) of the Central Excise Rules, 2002. en-us Tue, 20 Mar 2018 00:00:00 +0530 Fri, 04 May 2018 08:47:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359732 The Tribunal upheld the penalty imposed on the appellant for fraudulent issuance of bogus invoices leading to availing of Cenvat credit. Despite the appellant's plea for a reduction to 25% based on prior Tribunal decisions, the Tribunal emphasized the seriousness of the offense and lack of legal provisions allowing such leniency for dealers. Given the systematic nature of the fraud involving multiple manufacturers, the Tribunal dismissed the appeal and affirmed the penalty under Rule 26(2) of the Central Excise Rules, 2002. Case-Laws Central Excise Tue, 20 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359732