The Delhi Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that Penalty on wrong CENVAT credit availed solely based upon statements cannot be confirmed unless stood the test u/s 9(D) of Central Excise Act,1962. Shri Sanjay Kumar Singh, Authorised Representative appeared for the Revenue and Shri Vijay Kumar, Advocate appeared…
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