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- Whether penalty can be imposed on employees / Directors for non-compliances made by the Company ?
Whether penalty can be imposed on employees / Directors for non-compliances made by the Company ?
TRT-2025-1015
Issue Favourable to Tax Payer ?:- yes
Held - From the plain reading of Rule 15(1), we find that a person shall be liable to penalty who takes or utilize Cenvat credit in respect of inpu.....