https://www.taxtmi.com/caselaws?id=786200 Issuance of excise-duty invoices without physical delivery was held to attract a cenvat credit penalty; liability of the invoice issuer arises irrespective of whether the recipient actually availed credit. The adjudicating findings of culpability were upheld, but the tribunal exercised discretion to moderate penalty quantum based on gravity, number of instances, admitted benefit and mitigating factors, concluding uniform percentage penalties were untenable. Consequentially, findings were sustained and penalties were reduced to specified amounts for the respective appellants, and the appeals were partly allowed and disposed accordingly. en-us Fri, 06 Feb 2026 00:00:00 +0530 Mon, 09 Feb 2026 09:17:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786200 Issuance of excise-duty invoices without physical delivery was held to attract a cenvat credit penalty; liability of the invoice issuer arises irrespective of whether the recipient actually availed credit. The adjudicating findings of culpability were upheld, but the tribunal exercised discretion to moderate penalty quantum based on gravity, number of instances, admitted benefit and mitigating factors, concluding uniform percentage penalties were untenable. Consequentially, findings were sustained and penalties were reduced to specified amounts for the respective appellants, and the appeals were partly allowed and disposed accordingly. Case-Laws Central Excise Fri, 06 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786200