Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2011 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (8) TMI 835 - CESTAT, MUMBAIDisallowance of Modvat credit - Penalty - The show-cause notice as well as the order-in-original both were issued after the 23-7-1996, the date on which, the new Rules 57-I(4) and 57-I(5) were introduced - Held that: the invoice in question on which the credit has been taken were issued by M/s. Tara Re-rolling Mills and on investigation, it was found that M/s. Tara Re-rolling Mills had not taken any manufacturing activity in their factory and issued fabricated invoices by manipulating statutory records - appellants are liable to penalty as well as interest - Decided against the assessee
|