https://www.taxtmi.com/caselaws?id=257361 The appellate tribunal allowed the appeals filed by the manufacturers of motor vehicle and A.C. parts, ruling in their favor on the eligibility of Cenvat credit for various services. The tribunal set aside the original orders, citing settled legal principles and precedents. It also overturned the denial of credit for event management service, finding the denial unjustifiable based on the business nexus established by the appellants. The penalties imposed under Rule 15 of Cenvat Credit Rules and Section 11AC of the Central Excise Act were deemed unsustainable due to the lack of evidence establishing willful misstatement or suppression of facts. en-us Fri, 22 Aug 2014 00:00:00 +0530 Mon, 19 Jan 2015 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257361 The appellate tribunal allowed the appeals filed by the manufacturers of motor vehicle and A.C. parts, ruling in their favor on the eligibility of Cenvat credit for various services. The tribunal set aside the original orders, citing settled legal principles and precedents. It also overturned the denial of credit for event management service, finding the denial unjustifiable based on the business nexus established by the appellants. The penalties imposed under Rule 15 of Cenvat Credit Rules and Section 11AC of the Central Excise Act were deemed unsustainable due to the lack of evidence establishing willful misstatement or suppression of facts. Case-Laws Central Excise Fri, 22 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257361