https://www.taxtmi.com/caselaws?id=361484 The first appellate authority could not sustain a penalty under Rule 15(1) of the CENVAT Credit Rules, 2004 where the original order had imposed penalty only under Section 11AC read with Rule 15(2), no appeal had been filed by Revenue, and no show cause notice had been issued to the assessee for penalty under Rule 15(1). In these circumstances, the appellate authority's alteration of the penalty basis was held unsustainable, and the penalty under Rule 15(1) was set aside in favour of the assessee. en-us Tue, 20 Mar 2018 00:00:00 +0530 Fri, 08 Jun 2018 07:16:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361484 The first appellate authority could not sustain a penalty under Rule 15(1) of the CENVAT Credit Rules, 2004 where the original order had imposed penalty only under Section 11AC read with Rule 15(2), no appeal had been filed by Revenue, and no show cause notice had been issued to the assessee for penalty under Rule 15(1). In these circumstances, the appellate authority's alteration of the penalty basis was held unsustainable, and the penalty under Rule 15(1) was set aside in favour of the assessee. Case-Laws Central Excise Tue, 20 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361484