https://www.taxtmi.com/caselaws?id=254885 The Tribunal confirmed the interest demand of Rs. 1,87,005/- for irregularly taken credit but reduced the penalty under Rule 15(1) of CCR, 2004 from Rs. 62,04,375/- to Rs. 25,000/- following the doctrine of proportionality. The decision emphasized adherence to procedural requirements for credit availment and the necessity for penalties to align with the offense committed. The judgment reflects a balanced enforcement approach, considering specific case circumstances. en-us Tue, 04 Jun 2013 00:00:00 +0530 Fri, 02 Jan 2015 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254885 The Tribunal confirmed the interest demand of Rs. 1,87,005/- for irregularly taken credit but reduced the penalty under Rule 15(1) of CCR, 2004 from Rs. 62,04,375/- to Rs. 25,000/- following the doctrine of proportionality. The decision emphasized adherence to procedural requirements for credit availment and the necessity for penalties to align with the offense committed. The judgment reflects a balanced enforcement approach, considering specific case circumstances. Case-Laws Service Tax Tue, 04 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254885