https://www.taxtmi.com/caselaws?id=266043 The court reduced the penalty imposed under Rule 15(1) of Cenvat Credit 2004 from Rs. 5,00,000 to Rs. 75,000, acknowledging the appellant's contravention but finding the original penalty excessive. The dispute over the eligibility of Cenvat Credit on GTA Service up to customers' premises was considered, with the judge recognizing the appellant's reliance on legal precedents but ultimately reducing the penalty amount due to the circumstances. The importance of accurate disclosure of cenvat credit in returns was emphasized, and the case was resolved with the reduced penalty amount. en-us Fri, 27 Feb 2015 00:00:00 +0530 Sat, 17 Oct 2015 23:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266043 The court reduced the penalty imposed under Rule 15(1) of Cenvat Credit 2004 from Rs. 5,00,000 to Rs. 75,000, acknowledging the appellant's contravention but finding the original penalty excessive. The dispute over the eligibility of Cenvat Credit on GTA Service up to customers' premises was considered, with the judge recognizing the appellant's reliance on legal precedents but ultimately reducing the penalty amount due to the circumstances. The importance of accurate disclosure of cenvat credit in returns was emphasized, and the case was resolved with the reduced penalty amount. Case-Laws Central Excise Fri, 27 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266043