Penalties Upheld for Direct Involvement in Fraudulent Cenvat Credit u/r 26, Central Excise Act 2002.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Levy of penalty Rule 26 of Central Excise Act, 2002 - charge of abatement in the offence of fraudulent availment of cenvat credit - All the appellant having direct and active role in entire modus operandi of wrong availment of cenvat credit by the manufacturer - Therefore, the penalties imposed on the appellant is correct hence, the same is upheld. - AT....




TaxTMI
TaxTMI