https://www.taxtmi.com/caselaws?id=350132 The tribunal allowed the appeals of Victory Electricals Ltd (VEL) and Victory Transformers & Switchgears Ltd (VTSL), setting aside demands and penalties for excess consumption of inputs. However, it upheld demands for service tax on Goods Transport Agency services and cenvat credit on capital goods. The Revenue's appeals for penalties on individuals and confiscation of goods were rejected. The decision was pronounced on 24-10-2017. en-us Tue, 12 Sep 2017 00:00:00 +0530 Tue, 14 Nov 2017 18:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350132 The tribunal allowed the appeals of Victory Electricals Ltd (VEL) and Victory Transformers & Switchgears Ltd (VTSL), setting aside demands and penalties for excess consumption of inputs. However, it upheld demands for service tax on Goods Transport Agency services and cenvat credit on capital goods. The Revenue's appeals for penalties on individuals and confiscation of goods were rejected. The decision was pronounced on 24-10-2017. Case-Laws Central Excise Tue, 12 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350132