Imposition of penalty u/r 26(2) of CER, 2002 - CENVAT Credit - ...
Penalty Imposed for Wrong Availment of CENVAT Credit Reversed Before Show Cause Notice; Max Fine Rs. 5,000 u/r 26.
December 13, 2019
Case Laws Central Excise HC
Imposition of penalty u/r 26(2) of CER, 2002 - CENVAT Credit - Wrong availment of credit and reversal thereof on being pointed out before the issue of SCN - maximum penalty which can be imposed is only ₹ 5000/- under Rule 26 of the Central Excise Rules, 2002 r.w.s. 37(3)
View Source