https://www.taxtmi.com/caselaws?id=336413 The Tribunal set aside the Commissioner's order confirming the reversal of CENVAT credit towards air travel and courier services, while upholding the balance amount reversed by the appellant. The appellant's prompt reversal of CENVAT credit on rental services upon discovery of irregularity, citing inadvertent availing due to accounting oversight, aligned with genuine mistakes and lacked intent to evade duty. Relying on legal precedents, the Tribunal concluded in favor of the appellant, emphasizing compliance, inadvertent errors, and lack of intent to evade duty, ultimately providing consequential relief. en-us Fri, 16 Dec 2016 00:00:00 +0530 Wed, 21 Dec 2016 10:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336413 The Tribunal set aside the Commissioner's order confirming the reversal of CENVAT credit towards air travel and courier services, while upholding the balance amount reversed by the appellant. The appellant's prompt reversal of CENVAT credit on rental services upon discovery of irregularity, citing inadvertent availing due to accounting oversight, aligned with genuine mistakes and lacked intent to evade duty. Relying on legal precedents, the Tribunal concluded in favor of the appellant, emphasizing compliance, inadvertent errors, and lack of intent to evade duty, ultimately providing consequential relief. Case-Laws Central Excise Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336413