https://www.taxtmi.com/caselaws?id=373536 The Tribunal set aside the penalty imposed by the Appellate Authority on the appellant for availing Cenvat Credit on a Transformer and clearing it without paying full duty. The Tribunal found no mala fide intent in the appellant's actions and emphasized the prompt duty payment upon audit notification. Citing legal precedents, the Tribunal concluded that there was no justification for imposing a penalty, thereby allowing the appeal and restoring the Original Adjudicating Authority's order. en-us Mon, 19 Nov 2018 00:00:00 +0530 Wed, 16 Jan 2019 08:47:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373536 The Tribunal set aside the penalty imposed by the Appellate Authority on the appellant for availing Cenvat Credit on a Transformer and clearing it without paying full duty. The Tribunal found no mala fide intent in the appellant's actions and emphasized the prompt duty payment upon audit notification. Citing legal precedents, the Tribunal concluded that there was no justification for imposing a penalty, thereby allowing the appeal and restoring the Original Adjudicating Authority's order. Case-Laws Central Excise Mon, 19 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373536