https://www.taxtmi.com/caselaws?id=295462 The CESTAT Mumbai set aside the penalties imposed on a company and its director for availing ineligible Cenvat credit, remanding the case to the first appellate authority. The CESTAT found the previous order lacking reasoning and judiciousness, emphasizing the need for a reasoned decision addressing the appellants' contentions. The case was remanded for a fresh decision based on principles of natural justice, highlighting the importance of a comprehensive review of the issues raised by the appellants. en-us Fri, 26 Jun 2015 00:00:00 +0530 Sat, 05 Jun 2021 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295462 The CESTAT Mumbai set aside the penalties imposed on a company and its director for availing ineligible Cenvat credit, remanding the case to the first appellate authority. The CESTAT found the previous order lacking reasoning and judiciousness, emphasizing the need for a reasoned decision addressing the appellants' contentions. The case was remanded for a fresh decision based on principles of natural justice, highlighting the importance of a comprehensive review of the issues raised by the appellants. Case-Laws Central Excise Fri, 26 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295462