https://www.taxtmi.com/caselaws?id=350072 The application seeking rectification of a mistake apparent from the record in Final Order No. 21397/2016 was successful. The demand for irregular cenvat credit was reduced significantly after appeals. As the Tribunal found the applicant eligible for cenvat credit without suppression or concealment, the imposition of a penalty was deemed unwarranted. The Tribunal clarified that with the substantial relief granted and lack of suppression, the penalty imposition was unjustified. Consequently, the appellants were relieved of the penalty liability, concluding the matter in their favor. en-us Tue, 01 Aug 2017 00:00:00 +0530 Tue, 31 Oct 2017 10:30:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350072 The application seeking rectification of a mistake apparent from the record in Final Order No. 21397/2016 was successful. The demand for irregular cenvat credit was reduced significantly after appeals. As the Tribunal found the applicant eligible for cenvat credit without suppression or concealment, the imposition of a penalty was deemed unwarranted. The Tribunal clarified that with the substantial relief granted and lack of suppression, the penalty imposition was unjustified. Consequently, the appellants were relieved of the penalty liability, concluding the matter in their favor. Case-Laws Service Tax Tue, 01 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350072