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2015 (10) TMI 1211 - AT - Central ExciseCENVAT Credit - Penalty under Rule 25(1) of Central Excise Rules, 2002 - Held that:- Appeal is pertaining to imposition of penalty of ₹ 25 Lakh upon the appellant under Rule 25() of the Central Excise Rules, 2002. It is observed from Para 9 (v) of the Order-in-Original dated 31.08.2012 that entire defaulted amount alongwith interest was paid by the appellant before issue of show cause notice. During the period of default, the duty was being paid by the appellant through CENVAT account - appeal is pertaining to imposition of penalty of ₹ 25 Lakh upon the appellant under Rule 25() of the Central Excise Rules, 2002. It is observed from Para 9 (v) of the Order-in-Original dated 31.08.2012 that entire defaulted amount alongwith interest was paid by the appellant before issue of show cause notice. During the period of default, the duty was being paid by the appellant through CENVAT account. - Decided in favour of assessee.
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