https://www.taxtmi.com/caselaws?id=432706 The High Court of Orissa upheld the CESTAT's decision on the admissibility of CENVAT Credit at Jajpur Plant, emphasizing the need for independent verification before imposing penalties under Rule 15(1) of the CENVAT Credit Rules. The Court clarified the distinction between Rule 15(1) and Rule 15(2) in penalty imposition, highlighting that Rule 15(1) operates as a 'no fault liability' clause. Due to the lack of verification by the Department, the Court found the question of penalties premature and disposed of the appeal without imposing the penalty. en-us Mon, 09 Jan 2023 00:00:00 +0530 Tue, 25 Jul 2023 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432706 The High Court of Orissa upheld the CESTAT's decision on the admissibility of CENVAT Credit at Jajpur Plant, emphasizing the need for independent verification before imposing penalties under Rule 15(1) of the CENVAT Credit Rules. The Court clarified the distinction between Rule 15(1) and Rule 15(2) in penalty imposition, highlighting that Rule 15(1) operates as a 'no fault liability' clause. Due to the lack of verification by the Department, the Court found the question of penalties premature and disposed of the appeal without imposing the penalty. Case-Laws Central Excise Mon, 09 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432706