https://www.taxtmi.com/caselaws?id=760736 CESTAT Ahmedabad allowed the appeal against penalty imposed under Rule 15(1) of Cenvat Credit Rules, 2004 on an employee. The tribunal held that penal provisions under Rule 15(1) apply only to persons who take or utilize Cenvat Credit for input/capital goods or services. Since the appellant was merely an employee who neither availed nor utilized Cenvat Credit for personal purposes or duty payment, the penalty was not sustainable. The tribunal relied on precedent establishing that employees cannot be penalized under these provisions when they have not personally utilized the credit benefits. en-us Wed, 23 Oct 2024 00:00:00 +0530 Sat, 26 Oct 2024 08:15:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760736 CESTAT Ahmedabad allowed the appeal against penalty imposed under Rule 15(1) of Cenvat Credit Rules, 2004 on an employee. The tribunal held that penal provisions under Rule 15(1) apply only to persons who take or utilize Cenvat Credit for input/capital goods or services. Since the appellant was merely an employee who neither availed nor utilized Cenvat Credit for personal purposes or duty payment, the penalty was not sustainable. The tribunal relied on precedent establishing that employees cannot be penalized under these provisions when they have not personally utilized the credit benefits. Case-Laws Central Excise Wed, 23 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760736