https://www.taxtmi.com/caselaws?id=334555 The Tribunal held that the Appellants were not eligible for CENVAT Credit on services used in constructing residential flats, aligning with judgments of the Gujarat High Court. The penalty imposed under Rule 15(2) of CENVAT Credit Rules 2004 was deemed unjustified and set aside as the credit was availed in good faith. The appeal was partly allowed, specifically concerning the penalty imposed. en-us Thu, 29 Sep 2016 00:00:00 +0530 Wed, 16 Nov 2016 14:55:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334555 The Tribunal held that the Appellants were not eligible for CENVAT Credit on services used in constructing residential flats, aligning with judgments of the Gujarat High Court. The penalty imposed under Rule 15(2) of CENVAT Credit Rules 2004 was deemed unjustified and set aside as the credit was availed in good faith. The appeal was partly allowed, specifically concerning the penalty imposed. Case-Laws Central Excise Thu, 29 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334555