Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2015 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (10) TMI 125 - AT - Central ExciseDemand of CENVAT credit - Invocation of extended period of limitation - Held that:- it is noticed that Commissioner (Appeals) has clearly observed that the assessee is not part to the fraud committed by the grey fabric suppliers. In this case also the grey fabric suppliers issued invoices. So, the present case is squarely covered by the decision or the Hon'ble High Court in the case of Prayagraj Dyeing & Printing Mills Pvt. Limited (2013 (5) TMI 705 - GUJARAT HIGH COURT). So, the demand of inadmissible CENVAT credit is clearly barred by limitation and is not sustainable and the penalty is also not imposable. - impugned order is set-aside - Decided against Revenue.
|