https://www.taxtmi.com/caselaws?id=370114 Voluntary payment of duty with interest before issuance of the show cause notice was treated as sufficient to defeat the demand-related penalty on cylinder charges, because the omission had been rectified before adjudication. On CENVAT credit, the assessee's contemporaneous records, intimation of crossing the exemption limit, and departmental verification supported its claim that credit was taken on existing input stock; the finding of irregular credit and the consequential penalty were therefore not sustainable. The impugned order was set aside and consequential relief followed. en-us Fri, 02 Nov 2018 00:00:00 +0530 Sat, 10 Nov 2018 07:12:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370114 Voluntary payment of duty with interest before issuance of the show cause notice was treated as sufficient to defeat the demand-related penalty on cylinder charges, because the omission had been rectified before adjudication. On CENVAT credit, the assessee's contemporaneous records, intimation of crossing the exemption limit, and departmental verification supported its claim that credit was taken on existing input stock; the finding of irregular credit and the consequential penalty were therefore not sustainable. The impugned order was set aside and consequential relief followed. Case-Laws Central Excise Fri, 02 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370114