https://www.taxtmi.com/caselaws?id=233977 The Tribunal upheld the demand for CENVAT credit already paid with interest but set aside the penalty under Section 78 of the Finance Act, 1994. The appellant's payment of tax before the notice demonstrated no intent to evade payment, leading to the penalty being overturned. The appeal was disposed of accordingly, with the Tribunal finding sufficient cause for the failure to reverse the credit and no suppression of fact warranting the penalty. en-us Fri, 15 Mar 2013 00:00:00 +0530 Wed, 30 Apr 2014 18:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233977 The Tribunal upheld the demand for CENVAT credit already paid with interest but set aside the penalty under Section 78 of the Finance Act, 1994. The appellant's payment of tax before the notice demonstrated no intent to evade payment, leading to the penalty being overturned. The appeal was disposed of accordingly, with the Tribunal finding sufficient cause for the failure to reverse the credit and no suppression of fact warranting the penalty. Case-Laws Service Tax Fri, 15 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233977