https://www.taxtmi.com/caselaws?id=392755 The Tribunal set aside the penalty imposed under Rule 15 of Cenvat Credit Rules, 2004 but upheld the penalty under Rule 26 of Central Excise Rules, 2002 on the appellant for issuing invoices without supplying goods. The decision was based on the appellant's involvement in selling goods liable to confiscation, affirming their liability for penalty under Rule 26. The Tribunal clarified that Rule 15 applies to those who avail and utilize credit, not merely issue invoices, leading to the setting aside of the penalty under Rule 15. en-us Thu, 27 Feb 2020 00:00:00 +0530 Fri, 28 Feb 2020 08:46:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392755 The Tribunal set aside the penalty imposed under Rule 15 of Cenvat Credit Rules, 2004 but upheld the penalty under Rule 26 of Central Excise Rules, 2002 on the appellant for issuing invoices without supplying goods. The decision was based on the appellant's involvement in selling goods liable to confiscation, affirming their liability for penalty under Rule 26. The Tribunal clarified that Rule 15 applies to those who avail and utilize credit, not merely issue invoices, leading to the setting aside of the penalty under Rule 15. Case-Laws Central Excise Thu, 27 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392755