https://www.taxtmi.com/caselaws?id=190670 The Tribunal accepted the appellant's claim of maintaining separate accounts for CENVAT credit utilization despite the Commissioner (Appeals) finding no separate accounts based on an audit report. The Tribunal emphasized that the requirement of declaration in ST-3 returns does not flow from the statute. The appellant's appeal was allowed with consequential relief, as there was no case for the imposition of penalty due to the lack of contrary evidence supporting the appellant's claim of maintaining separate accounts. en-us Tue, 03 Dec 2013 00:00:00 +0530 Tue, 21 Feb 2017 17:38:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190670 The Tribunal accepted the appellant's claim of maintaining separate accounts for CENVAT credit utilization despite the Commissioner (Appeals) finding no separate accounts based on an audit report. The Tribunal emphasized that the requirement of declaration in ST-3 returns does not flow from the statute. The appellant's appeal was allowed with consequential relief, as there was no case for the imposition of penalty due to the lack of contrary evidence supporting the appellant's claim of maintaining separate accounts. Case-Laws Service Tax Tue, 03 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190670