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Central Excise - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Penalty under Rule 15(4) of Cenvat Credit Rules, 2004 - ...


No Penalty for Appellant: Cenvat Credit Error u/r 15(4) Deemed Unintentional, No Evidence of Knowing Violation.

July 19, 2013

Case Laws     Central Excise     AT

Penalty under Rule 15(4) of Cenvat Credit Rules, 2004 - Appellant taken Cenvat credit in respect of certain input services, which according to the Department was not admissible to them, it cannot be concluded that the credit had been taken knowing very well that the same was not admissible, unless there is some evidence in this regard - No penalty - AT

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