https://www.taxtmi.com/caselaws?id=269448 The Tribunal set aside the penalty imposed on the appellant for mistakenly availing service tax credit for the construction of their Maharashtra factory. The decision was based on the appellant's prompt rectification of the error, lack of malicious intent, and repayment of the credit along with interest. The Tribunal considered the confusion regarding credit availability due to the interconnection between the Hyderabad and Maharashtra units and cited legal precedents where penalties were not imposed in similar situations. en-us Thu, 28 May 2015 00:00:00 +0530 Mon, 14 Dec 2015 23:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269448 The Tribunal set aside the penalty imposed on the appellant for mistakenly availing service tax credit for the construction of their Maharashtra factory. The decision was based on the appellant's prompt rectification of the error, lack of malicious intent, and repayment of the credit along with interest. The Tribunal considered the confusion regarding credit availability due to the interconnection between the Hyderabad and Maharashtra units and cited legal precedents where penalties were not imposed in similar situations. Case-Laws Service Tax Thu, 28 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269448