Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2018 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (3) TMI 92 - AT - Central ExciseCENVAT credit - manufacture of taxable as well as exempt goods - time limitation - Held that: - it is surprising to note both the lower authorities has recorded the findings on limitation against the appellant, only on a very flimsy reasoning that the audit party may not have produced all the records - It is tantamount to nothing but reaching a conclusion that the impugned order is incorrect and liable to set aside. Penalty - Held that: - the appellant on being pointed by the audit has appropriated since the appellant has reversed on being pointed out by the audit party alongwith interest, no penalty requires to be imposed. Appeal allowed in part.
|