https://www.taxtmi.com/caselaws?id=76559 The judgment upheld the demand for duty in a case involving a manufacturer of Purified Terephthalic Acid (PTA) who erroneously claimed a service tax credit but promptly rectified the mistake. The court set aside the demands for interest and penalty, as the appellant had not benefited from the credit. The appeal was disposed of with the duty demand upheld and interest and penalty impositions overturned. The stay petition was also disposed of in the same order, with Technical Member M. Veeriayan pronouncing the decision in open court. en-us Fri, 19 Mar 2010 00:00:00 +0530 Mon, 05 Jul 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76559 The judgment upheld the demand for duty in a case involving a manufacturer of Purified Terephthalic Acid (PTA) who erroneously claimed a service tax credit but promptly rectified the mistake. The court set aside the demands for interest and penalty, as the appellant had not benefited from the credit. The appeal was disposed of with the duty demand upheld and interest and penalty impositions overturned. The stay petition was also disposed of in the same order, with Technical Member M. Veeriayan pronouncing the decision in open court. Case-Laws Service Tax Fri, 19 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76559