https://www.taxtmi.com/caselaws?id=756033 CESTAT New Delhi dismissed the appeal. The appellant was liable to pay central excise duty on sale of old machinery as scrap under Rule 3(5A)(b) of CENVAT Credit Rules, 2004, as capital goods cleared as waste require duty payment on transaction value. The court found insufficient correlation between purchase and sale bills, with inadequate documentation. The appellant wrongly availed CENVAT credit on outward freight service tax beyond place of removal, making recovery liable under Rule 14 of CCR, 2014. Extended limitation period and penalty were upheld due to deliberate suppression with intent to evade duty payment. en-us Wed, 24 Jul 2024 00:00:00 +0530 Fri, 26 Jul 2024 09:06:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756033 CESTAT New Delhi dismissed the appeal. The appellant was liable to pay central excise duty on sale of old machinery as scrap under Rule 3(5A)(b) of CENVAT Credit Rules, 2004, as capital goods cleared as waste require duty payment on transaction value. The court found insufficient correlation between purchase and sale bills, with inadequate documentation. The appellant wrongly availed CENVAT credit on outward freight service tax beyond place of removal, making recovery liable under Rule 14 of CCR, 2014. Extended limitation period and penalty were upheld due to deliberate suppression with intent to evade duty payment. Case-Laws Central Excise Wed, 24 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756033