https://www.taxtmi.com/caselaws?id=34027 The Tribunal upheld the confirmation of fraudulently availed Cenvat credit and associated penalties in a case involving clandestine clearance of MS ingots. The penalties imposed on individuals were reduced due to excessive harshness compared to penalties on the company. The appeal of the company was rejected, while appeals of individuals were partly allowed, emphasizing compliance with Cenvat credit rules and consequences of fraudulent activities. en-us Tue, 29 Jul 2008 00:00:00 +0530 Mon, 06 Jul 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34027 The Tribunal upheld the confirmation of fraudulently availed Cenvat credit and associated penalties in a case involving clandestine clearance of MS ingots. The penalties imposed on individuals were reduced due to excessive harshness compared to penalties on the company. The appeal of the company was rejected, while appeals of individuals were partly allowed, emphasizing compliance with Cenvat credit rules and consequences of fraudulent activities. Case-Laws Central Excise Tue, 29 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34027