https://www.taxtmi.com/caselaws?id=252723 The Tribunal set aside the penalty imposed on the appellant, ruling that there was no intention to avail wrong credit or evade duty in the case involving the application of CENVAT credit on service tax for wind turbine generators. The appellant had reversed the credit and paid interest as directed by the Superintendent, demonstrating good faith. The Tribunal emphasized that no penalty was warranted, as authorities had already spent sufficient time on the issue, ultimately finding in favor of the appellant. en-us Wed, 19 Feb 2014 00:00:00 +0530 Sat, 01 Nov 2014 14:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252723 The Tribunal set aside the penalty imposed on the appellant, ruling that there was no intention to avail wrong credit or evade duty in the case involving the application of CENVAT credit on service tax for wind turbine generators. The appellant had reversed the credit and paid interest as directed by the Superintendent, demonstrating good faith. The Tribunal emphasized that no penalty was warranted, as authorities had already spent sufficient time on the issue, ultimately finding in favor of the appellant. Case-Laws Service Tax Wed, 19 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252723