https://www.taxtmi.com/caselaws?id=204315 The appellants mistakenly claimed service tax credit for transportation charges paid for rail transport before 1.5.2006, which was not taxable. However, as there was no revenue loss to the exchequer and the credit was taken in good faith, the court ruled in favor of the appellants. The judgment aligned with a previous High Court decision stating that excess duty payment does not bar credit unless refunded. Therefore, the demand, interest, and penalty were set aside, allowing the appeal and disposing of the stay application. en-us Thu, 02 Jun 2011 00:00:00 +0530 Thu, 23 Feb 2012 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204315 The appellants mistakenly claimed service tax credit for transportation charges paid for rail transport before 1.5.2006, which was not taxable. However, as there was no revenue loss to the exchequer and the credit was taken in good faith, the court ruled in favor of the appellants. The judgment aligned with a previous High Court decision stating that excess duty payment does not bar credit unless refunded. Therefore, the demand, interest, and penalty were set aside, allowing the appeal and disposing of the stay application. Case-Laws Service Tax Thu, 02 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204315