https://www.taxtmi.com/caselaws?id=353791 The first appellate authority set aside the penalty imposed on a Government of India Undertaking for availing ineligible cenvat credit. The Revenue challenged this decision, arguing that the penalty should stand despite the absence of mala fide intention. However, the Member (Judicial) upheld the appellate authority's decision, noting the respondent's consistent account balance and citing a precedent where a similar penalty was deemed inapplicable. Consequently, the penalty was set aside, and the Revenue's appeal was rejected. en-us Tue, 19 Dec 2017 00:00:00 +0530 Fri, 12 Jan 2018 08:08:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353791 The first appellate authority set aside the penalty imposed on a Government of India Undertaking for availing ineligible cenvat credit. The Revenue challenged this decision, arguing that the penalty should stand despite the absence of mala fide intention. However, the Member (Judicial) upheld the appellate authority's decision, noting the respondent's consistent account balance and citing a precedent where a similar penalty was deemed inapplicable. Consequently, the penalty was set aside, and the Revenue's appeal was rejected. Case-Laws Central Excise Tue, 19 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353791