https://www.taxtmi.com/caselaws?id=379743 The High Court upheld the Tribunal's decisions in the case involving fraudulent credit entries in PLA, Cenvat Credit utilization, and personal penalty reductions. The penalties for fraudulent credit entries were reduced to 25% of the amount, Cenvat Credit demands were set aside, and personal penalties on employees were reduced to nominal amounts. The Court dismissed the revenue's appeals, finding no illegality or perversity in the Tribunal's rulings, ultimately ruling in favor of the assessee. en-us Thu, 07 Mar 2019 00:00:00 +0530 Tue, 07 May 2019 08:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379743 The High Court upheld the Tribunal's decisions in the case involving fraudulent credit entries in PLA, Cenvat Credit utilization, and personal penalty reductions. The penalties for fraudulent credit entries were reduced to 25% of the amount, Cenvat Credit demands were set aside, and personal penalties on employees were reduced to nominal amounts. The Court dismissed the revenue's appeals, finding no illegality or perversity in the Tribunal's rulings, ultimately ruling in favor of the assessee. Case-Laws Central Excise Thu, 07 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379743