https://www.taxtmi.com/caselaws?id=365861 The Tribunal dismissed the Revenue's appeal regarding the imposition of penalty under Section 11AC of the Central Excise Act. It was found that the respondent rectified the mistake of availing CENVAT Credit on supplementary invoices promptly and there was no deliberate intent to evade or manipulate the credit system. As there was no suppression of facts and the error was corrected in a timely manner, the penalty provision was not invoked. en-us Thu, 14 Jun 2018 00:00:00 +0530 Sat, 25 Aug 2018 09:26:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=365861 The Tribunal dismissed the Revenue's appeal regarding the imposition of penalty under Section 11AC of the Central Excise Act. It was found that the respondent rectified the mistake of availing CENVAT Credit on supplementary invoices promptly and there was no deliberate intent to evade or manipulate the credit system. As there was no suppression of facts and the error was corrected in a timely manner, the penalty provision was not invoked. Case-Laws Central Excise Thu, 14 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=365861