Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2014 (9) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (9) TMI 844 - AT - Central ExciseIssuance of Cenvatable invoices in respect of steel goods viz CR strips - there was no manufacturing activity undertaken - fraud - Penalty under Rule 26 of Central Excise Rules 2002 - Held that:- Penalty on the appellants can be imposed and it is all the more so because in the present case, as has been mentioned earlier there were goods supplied but the said goods were not relatable to the invoices issued by the appellants. as has been mentioned earlier, the evidence is clearcut including the confessional statement of the appellants which was never retracted. The fact is that as a dealer, the appellants indulged in such a deliberate and blatant act to issue invoices without the related goods based on invoices issued by M/s. Pasondia again without the related goods. In such a situation No mitigating factors favouring the appellants at all. - Decided against assessee.
|