https://www.taxtmi.com/caselaws?id=372404 The case involved a dispute regarding the appellant, a manufacturer and trader of electronic goods, availing CENVAT credit without separate accountal for trading activities. The Commissioner confirmed the recovery of tax, interest, and penalty under the Central Excise Act, 1944. The main issue centered on the appropriateness of invoking section 11AC of the Act, considering the discharge of liability before the show cause notice. The Tribunal set aside the penalty imposed in the impugned order based on the specific circumstances of the case, allowing the appeal to a limited extent. en-us Thu, 20 Dec 2018 00:00:00 +0530 Sat, 22 Dec 2018 07:18:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372404 The case involved a dispute regarding the appellant, a manufacturer and trader of electronic goods, availing CENVAT credit without separate accountal for trading activities. The Commissioner confirmed the recovery of tax, interest, and penalty under the Central Excise Act, 1944. The main issue centered on the appropriateness of invoking section 11AC of the Act, considering the discharge of liability before the show cause notice. The Tribunal set aside the penalty imposed in the impugned order based on the specific circumstances of the case, allowing the appeal to a limited extent. Case-Laws Central Excise Thu, 20 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372404