https://www.taxtmi.com/caselaws?id=431009 The appeals were dismissed in a case involving fraudulent cenvat credit demand and penalties under Rule 26(2) of Central Excise Rules, 2012. The company's appeal against the confirmed demand of alleged fraudulent cenvat credit and penalties was rejected. The penalties were upheld as the appellants provided blank LR books that facilitated the passing of fraudulent cenvat credit, constituting abatement under Rule 26(2). Despite the appellants' claims of lack of involvement in issuing cenvatable invoices, the court found their actions violated the rule, leading to the dismissal of the appeals on 31.10.2022. en-us Mon, 31 Oct 2022 00:00:00 +0530 Sat, 03 Dec 2022 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431009 The appeals were dismissed in a case involving fraudulent cenvat credit demand and penalties under Rule 26(2) of Central Excise Rules, 2012. The company's appeal against the confirmed demand of alleged fraudulent cenvat credit and penalties was rejected. The penalties were upheld as the appellants provided blank LR books that facilitated the passing of fraudulent cenvat credit, constituting abatement under Rule 26(2). Despite the appellants' claims of lack of involvement in issuing cenvatable invoices, the court found their actions violated the rule, leading to the dismissal of the appeals on 31.10.2022. Case-Laws Central Excise Mon, 31 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431009