https://www.taxtmi.com/caselaws?id=75878 Penalty was not leviable where the assessee was held entitled to CENVAT credit on service tax paid for input services, including rent-a-cab, air travel agency, outdoor catering and servicing of motor vehicles. The authorities had already accepted that availment of credit was not erroneous, and the dispute was resolved by the settled interpretation of the CENVAT credit regime, following the Larger Bench decision in ABB Ltd. On that basis, denial of credit could not support penal action. en-us Fri, 18 Sep 2009 00:00:00 +0530 Sat, 22 May 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75878 Penalty was not leviable where the assessee was held entitled to CENVAT credit on service tax paid for input services, including rent-a-cab, air travel agency, outdoor catering and servicing of motor vehicles. The authorities had already accepted that availment of credit was not erroneous, and the dispute was resolved by the settled interpretation of the CENVAT credit regime, following the Larger Bench decision in ABB Ltd. On that basis, denial of credit could not support penal action. Case-Laws Service Tax Fri, 18 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75878