Fake CENVAT Credit Case | Transactions Likely “Paper Deals” But CESTAT Reduces Penalty for Limited Role

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Fake CENVAT Credit Case | Transactions Likely “Paper Deals” But CESTAT Reduces Penalty for Limited Role

Indirect Taxes

Published on

28/03/2026

By Mariya Paliwala

Fake CENVAT Credit Case | Transactions Likely “Paper Deals” But CESTAT Reduces Penalty for Limited Role

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The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has reduced a penalty imposed on businessman Shri Krishna Gopal Rathi from Rs. 10 lakh to Rs. 1 lakh in a case involving alleged fraudulent CENVAT credit transactions. The bench of R. Muralidhar (Judicial Member) and K. Anpazhakan (Technical Member) has upheld the finding…

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Mariya Paliwala https://www.jurishour.in/

Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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Fake CENVAT Credit

Fake CENVAT Credit Case | Transactions Likely “Paper Deals” But CESTAT Reduces Penalty for Limited Role

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