https://www.taxtmi.com/caselaws?id=201892 The appellate authority justified the waiver of penalty imposed on the appellant under Rule 15 of the Cenvat Credit Rules, 2004, and the Finance Act, 1994, due to the contentious nature of the issue and the lack of evidence showing contumacious conduct or mala fide intent by the Assessee. The Commissioner acknowledged the evolving nature of the law and found no grounds for penal consequences, leading to the dismissal of the Revenue's cases. en-us Wed, 27 Oct 2010 00:00:00 +0530 Tue, 08 Feb 2011 16:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201892 The appellate authority justified the waiver of penalty imposed on the appellant under Rule 15 of the Cenvat Credit Rules, 2004, and the Finance Act, 1994, due to the contentious nature of the issue and the lack of evidence showing contumacious conduct or mala fide intent by the Assessee. The Commissioner acknowledged the evolving nature of the law and found no grounds for penal consequences, leading to the dismissal of the Revenue's cases. Case-Laws Service Tax Wed, 27 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201892