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Central Excise - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Penalty u/r 26 - in the present case it is not the case of the ...


Penalty u/r 26 for Fraudulent Credit Claims Deemed Unsustainable Due to Lack of Physical Input Receipt.

May 9, 2017

Case Laws     Central Excise     AT

Penalty u/r 26 - in the present case it is not the case of the clandestine removal of the goods but non-receipt of the inputs and fraudulent availment of the credit without physical receipt of the inputs - the penalty upon the appellant imposed under Rule 26 will not sustain - AT

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