No penalty under Rule 26 of Central Excise Rules, 2002 if goods were supplied with invoice

Atul Madhavji Parekh Vs C.C.E. & S.T. (CESTAT Ahmedabad)

Introduction: The case of Atul Madhavji Parekh vs. C.C.E. & S.T. (CESTAT Ahmedabad) revolves around penalties imposed under Rule 26 of Central Excise Rules, 2002. The charges relate to the abetment in the passing of fraudulent Cenvat Credit by M/s Shah Foils Ltd. to M/s Bluplast Industries Ltd. In this article, we delve into the CESTAT Ahmedabad’s decision that set aside the penalties and the grounds on which it was based.

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