CESTAT upholds Penalty imposed for Confiscation of Goods on ground of passing of CENVAT credit of Custom Duty through Fake Invoices [Read Order]

By Shabna Rahim - On July 21, 2023 4:30 pm - 2 mins read
CESTAT - CESTAT Upholds Penalty - Penalty - Penalty Imposed for Confiscation Confiscation - Confiscation of Goods - Goods - CENAVT - taxscan

The New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) upheld the penalty imposed under section 11AC of the Central Excise Act,1944 for confiscating goods on the ground of passing of CENVAT credit through fake invoices.  Metal Alloys Industries, the appellant assessee was engaged in the manufacture of copper rods, lead…

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