https://www.taxtmi.com/caselaws?id=446564 The CESTAT Chennai held that appellants were involved in illegal CENVAT credit availment on imported aluminium products without physically receiving goods, constituting duty evasion. The tribunal distinguished between prosecution under Section 9D and quasi-judicial proceedings, finding no procedural violations. While appellants' involvement was established through collaborative statements and circumstantial evidence forming a chain of culpability, the tribunal found imposed penalties disproportionate to evidence strength. Considering the clandestine nature of the activity, lack of direct evidence, and the matter's age, penalties were reduced to pre-deposit amounts already paid by appellants. en-us Wed, 06 Dec 2023 00:00:00 +0530 Thu, 07 Dec 2023 07:17:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446564 The CESTAT Chennai held that appellants were involved in illegal CENVAT credit availment on imported aluminium products without physically receiving goods, constituting duty evasion. The tribunal distinguished between prosecution under Section 9D and quasi-judicial proceedings, finding no procedural violations. While appellants' involvement was established through collaborative statements and circumstantial evidence forming a chain of culpability, the tribunal found imposed penalties disproportionate to evidence strength. Considering the clandestine nature of the activity, lack of direct evidence, and the matter's age, penalties were reduced to pre-deposit amounts already paid by appellants. Case-Laws Central Excise Wed, 06 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446564