https://www.taxtmi.com/caselaws?id=53357 The Tribunal upheld the duty demand and penalties imposed on the firm for availing Modvat credit improperly, returning defective inputs without reversing credit, and clearing goods without duty payment. The appellant's argument that duty was paid promptly before the show-cause notice was rejected as duty payment was not voluntary. The penalty on the firm was reduced to Rs. 20,000. The penalty on the Commercial Manager was set aside due to the lack of specific findings against them. en-us Thu, 16 Sep 2004 00:00:00 +0530 Tue, 12 Oct 2010 17:30:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=53357 The Tribunal upheld the duty demand and penalties imposed on the firm for availing Modvat credit improperly, returning defective inputs without reversing credit, and clearing goods without duty payment. The appellant's argument that duty was paid promptly before the show-cause notice was rejected as duty payment was not voluntary. The penalty on the firm was reduced to Rs. 20,000. The penalty on the Commercial Manager was set aside due to the lack of specific findings against them. Case-Laws Central Excise Thu, 16 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=53357