https://www.taxtmi.com/caselaws?id=248517 The tribunal partially allowed the appeal in favor of the appellants regarding the availing of CENVAT credit on input services used for both service provision and sales. The penalty for inadvertently taking the credit was reduced from Rs. 71,965 to Rs. 2,000 as the appellants genuinely believed they were entitled to the credit, falling under Rule 15(1) of the CENVAT Credit Rules, 2004. en-us Fri, 23 Mar 2012 00:00:00 +0530 Sat, 14 Jun 2014 18:48:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248517 The tribunal partially allowed the appeal in favor of the appellants regarding the availing of CENVAT credit on input services used for both service provision and sales. The penalty for inadvertently taking the credit was reduced from Rs. 71,965 to Rs. 2,000 as the appellants genuinely believed they were entitled to the credit, falling under Rule 15(1) of the CENVAT Credit Rules, 2004. Case-Laws Service Tax Fri, 23 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248517