https://www.taxtmi.com/caselaws?id=140069 The Tribunal granted a complete waiver of the adjudged dues of Rs. 4,05,336/-, including interest and penalty, related to irregularly availed Cenvat credit for rent-a-cab services for employee transport and business-related visits by M/s. Lakshmi Machine Works. The waiver was based on the appellants presenting a prima facie case against the demand and penalty, citing a relevant legal precedent establishing the efficiency and business promotion aspects of such services. The recovery was stayed pending the appeal decision, showcasing judicial discretion in balancing the interests of the appellants and tax authorities in tax credit disputes. en-us Fri, 05 Jun 2009 00:00:00 +0530 Thu, 18 Apr 2013 11:56:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=140069 The Tribunal granted a complete waiver of the adjudged dues of Rs. 4,05,336/-, including interest and penalty, related to irregularly availed Cenvat credit for rent-a-cab services for employee transport and business-related visits by M/s. Lakshmi Machine Works. The waiver was based on the appellants presenting a prima facie case against the demand and penalty, citing a relevant legal precedent establishing the efficiency and business promotion aspects of such services. The recovery was stayed pending the appeal decision, showcasing judicial discretion in balancing the interests of the appellants and tax authorities in tax credit disputes. Case-Laws Central Excise Fri, 05 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=140069