https://www.taxtmi.com/caselaws?id=269024 The tribunal set aside the penalty for the short payment of Service Tax, deeming the errors inadvertent. However, penalties were upheld for the excess availing of Cenvat credit due to lack of separate accounts, limiting them to 25% of the Service Tax amount. The appellant's rectification before the show cause notice led to a reduced penalty, with the tribunal emphasizing the necessity of the audit in detecting discrepancies. The appeal was disposed of based on these findings. en-us Thu, 22 Jan 2015 00:00:00 +0530 Mon, 07 Dec 2015 10:18:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269024 The tribunal set aside the penalty for the short payment of Service Tax, deeming the errors inadvertent. However, penalties were upheld for the excess availing of Cenvat credit due to lack of separate accounts, limiting them to 25% of the Service Tax amount. The appellant's rectification before the show cause notice led to a reduced penalty, with the tribunal emphasizing the necessity of the audit in detecting discrepancies. The appeal was disposed of based on these findings. Case-Laws Service Tax Thu, 22 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269024