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Central Excise - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Imposition of penalty u/r 15 of Cenvat Credit Rules, 2004 - ...

Case Laws     Central Excise

February 28, 2020

Imposition of penalty u/r 15 of Cenvat Credit Rules, 2004 - Bogus invoices- the appellant has neither taken the credit, nor utilized the credit, whereas he has only issued a Cenvatable invoice to some other company - Therefore, the Rule 15 is not applicable in the present case. - Levy of penalty under Rule 15 is illegal and incorrect - AT

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