CENVAT without physical movement of goods illegal

CA Urvashi Porwal Brief of the Case In the case of Sujana Metal Products Ltd. Versus The Commissioner of Central Excise, Chennai-II, it was held that creation of cenvat documents and debiting duty without physical movement of goods and in turn took back the credit without receipt of any goods, is a clear violation of Central Excise Act and Rules and is liable to penalty. Facts of the Case The brief facts of the case are that M/s.Sujana Metals Pvt. Ltd. are manufacturers of TMT bars falling under chapter heading 7214.2090 of First Schedule to CETA 1985 and are registered with Central Excise de...