https://www.taxtmi.com/caselaws?id=342889 The Commissioner(Appeals) upheld the demand for irregularly availed CENVAT credit on broadcasting services amounting to Rs. 18,77,641 but set aside the interest and penalties. The Commissioner reasoned that since the credit was reversed before utilization and the issue was interpretational, interest and penalties were not applicable. The appeals filed by both the Department and the assessee were dismissed based on legal precedents and the belief that the credit was taken in good faith. en-us Mon, 10 Apr 2017 00:00:00 +0530 Sat, 13 May 2017 08:50:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342889 The Commissioner(Appeals) upheld the demand for irregularly availed CENVAT credit on broadcasting services amounting to Rs. 18,77,641 but set aside the interest and penalties. The Commissioner reasoned that since the credit was reversed before utilization and the issue was interpretational, interest and penalties were not applicable. The appeals filed by both the Department and the assessee were dismissed based on legal precedents and the belief that the credit was taken in good faith. Case-Laws Service Tax Mon, 10 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342889