https://www.taxtmi.com/caselaws?id=370553 The appellate tribunal upheld the dropping of demands related to wrongly availed cenvat credit under the capital goods account and irregularly availed credits on vehicle insurance premium, health insurance premium, construction services, and work contract service. Penalties were not imposed due to lack of evidence of deliberate evasion. However, the tribunal confirmed the demand for short payment of central excise duty on price escalation bills. The matter of interest payment was remanded for verification. The appeal was partly allowed, with most findings upheld except for the imposition of penalties. en-us Fri, 07 Sep 2018 00:00:00 +0530 Tue, 20 Nov 2018 07:44:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370553 The appellate tribunal upheld the dropping of demands related to wrongly availed cenvat credit under the capital goods account and irregularly availed credits on vehicle insurance premium, health insurance premium, construction services, and work contract service. Penalties were not imposed due to lack of evidence of deliberate evasion. However, the tribunal confirmed the demand for short payment of central excise duty on price escalation bills. The matter of interest payment was remanded for verification. The appeal was partly allowed, with most findings upheld except for the imposition of penalties. Case-Laws Central Excise Fri, 07 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370553