https://www.taxtmi.com/caselaws?id=269186 The Tribunal set aside the Commissioner's decision confirming a Service Tax demand and penalty imposition against the Appellants for availing CENVAT Credit and abatement under Notification No.2/2006-ST. Emphasizing strict compliance with notification conditions, the Tribunal reinstated the Joint Commissioner's decision, ruling in favor of the Appellants based on their reversal of CENVAT Credit and payment of interest. Compliance with legal provisions led to the dismissal of the Service Tax demand and penalties, aligning with precedents like Chandrapur Magnet Wires case. en-us Thu, 05 Nov 2015 00:00:00 +0530 Wed, 09 Dec 2015 09:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269186 The Tribunal set aside the Commissioner's decision confirming a Service Tax demand and penalty imposition against the Appellants for availing CENVAT Credit and abatement under Notification No.2/2006-ST. Emphasizing strict compliance with notification conditions, the Tribunal reinstated the Joint Commissioner's decision, ruling in favor of the Appellants based on their reversal of CENVAT Credit and payment of interest. Compliance with legal provisions led to the dismissal of the Service Tax demand and penalties, aligning with precedents like Chandrapur Magnet Wires case. Case-Laws Service Tax Thu, 05 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269186