https://www.taxtmi.com/caselaws?id=327249 The Tribunal rejected the Department's appeal, finding in favor of M/s. Cognizant Technology Solutions. It held that the Respondent's actions did not demonstrate willful suppression in availing excess CENVAT Credit, justifying the waiver of penalties under Section 80 of the Finance Act, 1994. The Tribunal emphasized the lack of intentional evasion and distinguished the case from previous rulings, ultimately ruling in favor of the Respondent due to their cooperation and absence of suppression. en-us Thu, 05 May 2016 00:00:00 +0530 Wed, 02 Nov 2016 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327249 The Tribunal rejected the Department's appeal, finding in favor of M/s. Cognizant Technology Solutions. It held that the Respondent's actions did not demonstrate willful suppression in availing excess CENVAT Credit, justifying the waiver of penalties under Section 80 of the Finance Act, 1994. The Tribunal emphasized the lack of intentional evasion and distinguished the case from previous rulings, ultimately ruling in favor of the Respondent due to their cooperation and absence of suppression. Case-Laws Service Tax Thu, 05 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327249