https://www.taxtmi.com/caselaws?id=266464 The Tribunal ruled in favor of the appellant, overturning the demand for service tax, interest, and penalties related to alleged wrongful availment of CENVAT Credit on advertisement services. The penalties imposed under Section 77(1)(c) of the Finance Act, 1994 were also set aside due to the appellant's reasonable belief in providing necessary information. The judgment emphasized procedural compliance and reasonable cause in penalty imposition under the Finance Act, 1994. en-us Mon, 07 Sep 2015 00:00:00 +0530 Sat, 27 Feb 2016 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266464 The Tribunal ruled in favor of the appellant, overturning the demand for service tax, interest, and penalties related to alleged wrongful availment of CENVAT Credit on advertisement services. The penalties imposed under Section 77(1)(c) of the Finance Act, 1994 were also set aside due to the appellant's reasonable belief in providing necessary information. The judgment emphasized procedural compliance and reasonable cause in penalty imposition under the Finance Act, 1994. Case-Laws Service Tax Mon, 07 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266464