Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2012 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (12) TMI 299 - AT - Central ExciseCenvat credit – alleged that appellant wrongly availed cenvat credit – Held that:- Appellant is not disputing the improper/ineligible Cenvat credit availed - reversed the amount of Cenvat credit - appellant is allowed to pay 25% of the amount of the ineligible Cenvat credit which has been reversed by him as penalty under Section 11AC subject to the condition that he pays the amount of interest on irregularly availed Cenvat credit and also the 25% of the amount as penalty
|