https://www.taxtmi.com/caselaws?id=764473 The HC upheld the invocation of Section 11D of the Central Excise Act, 1944 for recovery of excess duty collected by the petitioner. The court rejected the challenge to the Show Cause Notice's jurisdiction, noting the petitioner had admitted tax liability by filing Form SVLDRS-1. The petitioner paid Rs. 24,73,472 in cash, leaving a balance of Rs. 11,67,469. The court affirmed the petitioner's entitlement to CENVAT credit under Rule 3(1) of CENVAT Credit Rules, 2004, subject to proper documentation. The penalty imposition was remanded for reconsideration by the respondent. The petition was disposed of with directions for appropriate determination of input tax credit benefits. en-us Thu, 05 Dec 2024 00:00:00 +0530 Sat, 11 Jan 2025 08:46:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764473 The HC upheld the invocation of Section 11D of the Central Excise Act, 1944 for recovery of excess duty collected by the petitioner. The court rejected the challenge to the Show Cause Notice's jurisdiction, noting the petitioner had admitted tax liability by filing Form SVLDRS-1. The petitioner paid Rs. 24,73,472 in cash, leaving a balance of Rs. 11,67,469. The court affirmed the petitioner's entitlement to CENVAT credit under Rule 3(1) of CENVAT Credit Rules, 2004, subject to proper documentation. The penalty imposition was remanded for reconsideration by the respondent. The petition was disposed of with directions for appropriate determination of input tax credit benefits. Case-Laws Central Excise Thu, 05 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764473