https://www.taxtmi.com/highlights?id=57015 Removal of Capital Goods without reversal of Credit / Payment of duty - Since the removals were contrary to spirit of the provisions of the CENVAT Credit Rules, 2004, there are no merits in the submission of the learned counsel for the petitioners as far as the challenge to imposition of penalty or redemption fine under the impugned common order as a condition for granting immunity from prosecution under the provisions of the Central Excise Act, 1944 to the petitioners. - HC en-us Fri, 05 Mar 2021 14:02:39 +0530 Fri, 05 Mar 2021 14:02:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57015 Removal of Capital Goods without reversal of Credit / Payment of duty - Since the removals were contrary to spirit of the provisions of the CENVAT Credit Rules, 2004, there are no merits in the submission of the learned counsel for the petitioners as far as the challenge to imposition of penalty or redemption fine under the impugned common order as a condition for granting immunity from prosecution under the provisions of the Central Excise Act, 1944 to the petitioners. - HC Highlights Central Excise Fri, 05 Mar 2021 14:02:39 +0530 https://www.taxtmi.com/highlights?id=57015