https://www.taxtmi.com/caselaws?id=370933 The Tribunal set aside the penalty imposed under Section 11AC of the Central Excise Act on the appellant for wrongfully availing cenvat credit on capital goods. The Tribunal found that the excess credit was due to a clerical error, not an attempt to evade duty payment. As there was no willful misstatement or suppression of facts, the penalty was deemed unsustainable, leading to the appellant's appeal being allowed. en-us Tue, 16 Oct 2018 00:00:00 +0530 Tue, 27 Nov 2018 06:36:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370933 The Tribunal set aside the penalty imposed under Section 11AC of the Central Excise Act on the appellant for wrongfully availing cenvat credit on capital goods. The Tribunal found that the excess credit was due to a clerical error, not an attempt to evade duty payment. As there was no willful misstatement or suppression of facts, the penalty was deemed unsustainable, leading to the appellant's appeal being allowed. Case-Laws Central Excise Tue, 16 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370933