https://www.taxtmi.com/caselaws?id=219299 The Tribunal granted a waiver of the penalty imposed under Rule 15(2) of the CENVAT Credit Rules, 2004, to the appellant. The Tribunal held that the appellant should not be penalized for the delayed payment of service tax by the service provider and stayed the penalty's recovery until the appeal's disposal. The judgment highlights the importance of considering circumstances related to CENVAT credit availment and the responsibility of service providers in timely tax payments, emphasizing fairness and proportionality in penalty imposition. en-us Thu, 21 Jun 2012 00:00:00 +0530 Mon, 10 Dec 2012 08:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219299 The Tribunal granted a waiver of the penalty imposed under Rule 15(2) of the CENVAT Credit Rules, 2004, to the appellant. The Tribunal held that the appellant should not be penalized for the delayed payment of service tax by the service provider and stayed the penalty's recovery until the appeal's disposal. The judgment highlights the importance of considering circumstances related to CENVAT credit availment and the responsibility of service providers in timely tax payments, emphasizing fairness and proportionality in penalty imposition. Case-Laws Service Tax Thu, 21 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219299