https://www.taxtmi.com/caselaws?id=216358 The Tribunal allowed the appeal, directing the consideration of interest refund claim, waiving penalties, and setting aside the demand for credit reversal from 10-9-2004 onwards. The appellants were instructed to deposit any inadmissible credit within a specified timeframe. The decision emphasized the correct interpretation of circulars and rules in determining the eligibility of credit and refunds in indirect tax matters, particularly regarding service tax credit on mobile phones and the application of CENVAT credit rules and circulars. en-us Tue, 11 Oct 2011 00:00:00 +0530 Fri, 07 Sep 2012 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216358 The Tribunal allowed the appeal, directing the consideration of interest refund claim, waiving penalties, and setting aside the demand for credit reversal from 10-9-2004 onwards. The appellants were instructed to deposit any inadmissible credit within a specified timeframe. The decision emphasized the correct interpretation of circulars and rules in determining the eligibility of credit and refunds in indirect tax matters, particularly regarding service tax credit on mobile phones and the application of CENVAT credit rules and circulars. Case-Laws Service Tax Tue, 11 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216358