https://www.taxtmi.com/caselaws?id=221237 The Tribunal rejected the appellant's appeal seeking cenvat credit on service tax paid to commission agents, upholding the denial of credit based on High Court precedent. However, penalties imposed under the Cenvat Credit Rules and Section 11AC were set aside due to the appellant's genuine belief in the credit's eligibility, considering past decisions and consistent tax return filings. The Tribunal partially allowed the assessee's appeal, dismissed the department's appeal, and addressed cross objections, emphasizing the importance of the appellant's bonafide belief in availing the cenvat credit. en-us Thu, 07 Feb 2013 00:00:00 +0530 Thu, 22 Aug 2013 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221237 The Tribunal rejected the appellant's appeal seeking cenvat credit on service tax paid to commission agents, upholding the denial of credit based on High Court precedent. However, penalties imposed under the Cenvat Credit Rules and Section 11AC were set aside due to the appellant's genuine belief in the credit's eligibility, considering past decisions and consistent tax return filings. The Tribunal partially allowed the assessee's appeal, dismissed the department's appeal, and addressed cross objections, emphasizing the importance of the appellant's bonafide belief in availing the cenvat credit. Case-Laws Central Excise Thu, 07 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221237