https://www.taxtmi.com/highlights?id=52038 Imposition of penalty u/r 15 of Cenvat Credit Rules, 2004 - Bogus invoices- the appellant has neither taken the credit, nor utilized the credit, whereas he has only issued a Cenvatable invoice to some other company - Therefore, the Rule 15 is not applicable in the present case. - Levy of penalty under Rule 15 is illegal and incorrect - AT en-us Fri, 28 Feb 2020 08:46:41 +0530 Fri, 28 Feb 2020 08:46:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52038 Imposition of penalty u/r 15 of Cenvat Credit Rules, 2004 - Bogus invoices- the appellant has neither taken the credit, nor utilized the credit, whereas he has only issued a Cenvatable invoice to some other company - Therefore, the Rule 15 is not applicable in the present case. - Levy of penalty under Rule 15 is illegal and incorrect - AT Highlights Central Excise Fri, 28 Feb 2020 08:46:41 +0530 https://www.taxtmi.com/highlights?id=52038