https://www.taxtmi.com/caselaws?id=34027 Cenvat credit taken on duplicate invoices issued by sister concerns was held inadmissible because the goods were not received in the factory and the duty shown in the invoices had not been paid when the credit was availed. Subsequent payment by the sister concerns did not cure the earlier violation of Rule 7(1)(b) of the Cenvat Credit Rules, 2002. On that basis, the credit was treated as fraudulently availed, the company's penalty was upheld, and the company's challenge failed. The involvement of the directors and administrative manager was accepted, but the penalties on the individual appellants were reduced as excessive. 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 Cenvat credit taken on duplicate invoices issued by sister concerns was held inadmissible because the goods were not received in the factory and the duty shown in the invoices had not been paid when the credit was availed. Subsequent payment by the sister concerns did not cure the earlier violation of Rule 7(1)(b) of the Cenvat Credit Rules, 2002. On that basis, the credit was treated as fraudulently availed, the company's penalty was upheld, and the company's challenge failed. The involvement of the directors and administrative manager was accepted, but the penalties on the individual appellants were reduced as excessive. Case-Laws Central Excise Tue, 29 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34027