TMI BlogLevy of penalty - fraudulent availment of CENVAT Credit - It was contended that, Penalty under Rule...Levy of penalty - fraudulent availment of CENVAT Credit - It was contended that, Penalty under Rule 26(2) provision can be imposed only on a natural person. - The appellant is a partnership firm and per se is not a natural person, arguments rejected - Penalty confirmed ..... X X X X Extracts X X X X X X X X Extracts X X X X
|