https://www.taxtmi.com/caselaws?id=349897 The appeal before the Customs, Excise and Service Tax Appellate Tribunal, West Zonal Bench, Mumbai was successful, with the Tribunal emphasizing the importance of reversing credit before utilizing exempted goods to avoid penalties. The respondent had reversed the credit and paid interest, leading to the penalty imposed by the Commissioner being set aside. The High Court dismissed the appeal, finding no substantial question of law, and concluded that the actions of the respondent supported the decision to overturn the penalty. en-us Tue, 03 Oct 2017 00:00:00 +0530 Fri, 27 Oct 2017 09:04:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349897 The appeal before the Customs, Excise and Service Tax Appellate Tribunal, West Zonal Bench, Mumbai was successful, with the Tribunal emphasizing the importance of reversing credit before utilizing exempted goods to avoid penalties. The respondent had reversed the credit and paid interest, leading to the penalty imposed by the Commissioner being set aside. The High Court dismissed the appeal, finding no substantial question of law, and concluded that the actions of the respondent supported the decision to overturn the penalty. Case-Laws Central Excise Tue, 03 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349897