https://www.taxtmi.com/caselaws?id=340002 The Tribunal upheld the Commissioner's order regarding the demand and interest related to availing Cenvat Credit on Service Tax paid for input services. However, the penalty imposed on the public sector undertaking was set aside due to the lack of evidence of fraud or collusion. The Tribunal relied on case laws to support its decision, emphasizing the compensatory nature of interest and distinguishing relevant precedents. The appeal was disposed of accordingly, with the judgment pronounced in court on a specific date. en-us Tue, 14 Feb 2017 00:00:00 +0530 Thu, 23 Mar 2017 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340002 The Tribunal upheld the Commissioner's order regarding the demand and interest related to availing Cenvat Credit on Service Tax paid for input services. However, the penalty imposed on the public sector undertaking was set aside due to the lack of evidence of fraud or collusion. The Tribunal relied on case laws to support its decision, emphasizing the compensatory nature of interest and distinguishing relevant precedents. The appeal was disposed of accordingly, with the judgment pronounced in court on a specific date. Case-Laws Central Excise Tue, 14 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340002