2008 (8) TMI 925 - HC - Central Excise

Summary

The High Court of Bombay heard a case regarding the invocation of Section 11A(1) of the Central Excise Act and Rule 12 of the Cenvat Credit Rules. The court admitted the case based on substantial questions of law related to fraudulent invoices and penalty imposition under Section 11AC of the Act. The court also considered whether reversal of credit before the show cause notice absolves the liability to pay penalty and interest under the Cenvat Credit Rules. The case was to be heard along with Central Excise Appeal No. 195 of 2006.