https://www.taxtmi.com/caselaws?id=51793 The appeal against the order-in-appeal allowing Modvat credit but upholding the penalty under Rule 173Q for contravention of Rule 57R(8) of the Central Excise Rules was successful. The Commissioner (Appeals) reversed the disallowance of credit citing precedent but upheld the penalty. However, the penalty was set aside as the appellants rectified the mistake in their Income-tax Returns, making the penalty unjust. The appeal was allowed, and the penalty under Rule 173Q was overturned, providing appropriate relief to the appellants. en-us Wed, 13 Nov 2002 00:00:00 +0530 Tue, 28 Sep 2010 13:44:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51793 The appeal against the order-in-appeal allowing Modvat credit but upholding the penalty under Rule 173Q for contravention of Rule 57R(8) of the Central Excise Rules was successful. The Commissioner (Appeals) reversed the disallowance of credit citing precedent but upheld the penalty. However, the penalty was set aside as the appellants rectified the mistake in their Income-tax Returns, making the penalty unjust. The appeal was allowed, and the penalty under Rule 173Q was overturned, providing appropriate relief to the appellants. Case-Laws Central Excise Wed, 13 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51793