https://www.taxtmi.com/caselaws?id=331511 The Tribunal set aside the penalty imposed on the appellant for irregularly availing CENVAT Credit under the CENVAT Credit Rules 2004. The appellant, a Public Limited Company, successfully argued that they should not be held liable for the service provider's delayed payment of service tax and that the penalty imposed was not justified under the law. The Tribunal ruled in favor of the appellant, finding the penalty unsustainable and allowing the appeal with consequential relief, emphasizing the appellant's entitlement to avail credit without penalty for the service provider's actions. en-us Thu, 18 Aug 2016 00:00:00 +0530 Tue, 23 Aug 2016 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331511 The Tribunal set aside the penalty imposed on the appellant for irregularly availing CENVAT Credit under the CENVAT Credit Rules 2004. The appellant, a Public Limited Company, successfully argued that they should not be held liable for the service provider's delayed payment of service tax and that the penalty imposed was not justified under the law. The Tribunal ruled in favor of the appellant, finding the penalty unsustainable and allowing the appeal with consequential relief, emphasizing the appellant's entitlement to avail credit without penalty for the service provider's actions. Case-Laws Service Tax Thu, 18 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331511