https://www.taxtmi.com/caselaws?id=194865 The Tribunal set aside the demand of duty and penalty in favor of the appellants in a case concerning the alleged failure to maintain separate records for input services under Rule 6 of Cenvat Credit Rules. Despite initial non-compliance, subsequent adherence to Rule 6(3)(ii) provisions, including the reversal of credit and payment of interest, resulted in the Tribunal ruling in favor of the appellants and overturning the Commissioner's decision. The procedural lapse of not filing a declaration was considered, leading to the conclusion of substantial compliance with the law and the dismissal of the demand for duty and penalty. en-us Fri, 11 Sep 2015 00:00:00 +0530 Wed, 04 Oct 2017 06:08:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194865 The Tribunal set aside the demand of duty and penalty in favor of the appellants in a case concerning the alleged failure to maintain separate records for input services under Rule 6 of Cenvat Credit Rules. Despite initial non-compliance, subsequent adherence to Rule 6(3)(ii) provisions, including the reversal of credit and payment of interest, resulted in the Tribunal ruling in favor of the appellants and overturning the Commissioner's decision. The procedural lapse of not filing a declaration was considered, leading to the conclusion of substantial compliance with the law and the dismissal of the demand for duty and penalty. Case-Laws Service Tax Fri, 11 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194865