https://www.taxtmi.com/caselaws?id=271656 The Tribunal held that the demand of interest on inadmissible credit of service tax was unsustainable as the credit was reversed before utilization, citing precedents such as CCE vs. Bill Forge Pvt. Ltd. The imposition of penalty was deemed unwarranted as there was no evidence of suppression or wilful misstatement to evade duty, leading to the appeal being partially allowed with the setting aside of the interest and penalty demands. en-us Wed, 07 Oct 2015 00:00:00 +0530 Sat, 07 May 2016 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271656 The Tribunal held that the demand of interest on inadmissible credit of service tax was unsustainable as the credit was reversed before utilization, citing precedents such as CCE vs. Bill Forge Pvt. Ltd. The imposition of penalty was deemed unwarranted as there was no evidence of suppression or wilful misstatement to evade duty, leading to the appeal being partially allowed with the setting aside of the interest and penalty demands. Case-Laws Central Excise Wed, 07 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271656