https://www.taxtmi.com/caselaws?id=221850 The Appellate Tribunal CESTAT, New Delhi ruled in favor of the Appellant, who promptly reversed the Cenvat credit upon audit discovery of incorrect credit availed. No intentional violation was established to evade service tax payment. The penalty of Rs. 2,70,467/- was waived due to the absence of deliberate breach or identified default reason. The appeal was allowed, affirming the tax and interest liabilities. en-us Mon, 18 Jun 2012 00:00:00 +0530 Tue, 02 Apr 2013 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221850 The Appellate Tribunal CESTAT, New Delhi ruled in favor of the Appellant, who promptly reversed the Cenvat credit upon audit discovery of incorrect credit availed. No intentional violation was established to evade service tax payment. The penalty of Rs. 2,70,467/- was waived due to the absence of deliberate breach or identified default reason. The appeal was allowed, affirming the tax and interest liabilities. Case-Laws Service Tax Mon, 18 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221850