https://www.taxtmi.com/caselaws?id=254843 The Tribunal set aside penalties imposed on the appellant under Sections 76 and 78 of the Finance Act, 1994, as there was no evidence of tax evasion intent, and dues were settled before the show cause notice. Additionally, the denial of cenvat credit was overturned as no show cause notice was issued, emphasizing procedural lapses should not be the sole reason for credit rejection. The ruling underscores adherence to natural justice principles and considering the context of tax payments and credit denials. en-us Fri, 19 Dec 2014 00:00:00 +0530 Thu, 01 Jan 2015 21:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254843 The Tribunal set aside penalties imposed on the appellant under Sections 76 and 78 of the Finance Act, 1994, as there was no evidence of tax evasion intent, and dues were settled before the show cause notice. Additionally, the denial of cenvat credit was overturned as no show cause notice was issued, emphasizing procedural lapses should not be the sole reason for credit rejection. The ruling underscores adherence to natural justice principles and considering the context of tax payments and credit denials. Case-Laws Service Tax Fri, 19 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254843