https://www.taxtmi.com/caselaws?id=355762 The Tribunal allowed the appeal, setting aside the disallowance of CENVAT Credit on Goods Transport Agency Services for trading purposes. The appellant's contention of not availing credit on traded goods was not substantiated with documentary evidence, but no intent to evade tax was found. The absence of material on record regarding the suppression of facts led to the appeal being allowed. The demand for the extended period of limitation was set aside due to lack of evidence of wilful misstatement or suppression of facts, resulting in the penalty being overturned. en-us Fri, 19 Jan 2018 00:00:00 +0530 Mon, 19 Feb 2018 08:37:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355762 The Tribunal allowed the appeal, setting aside the disallowance of CENVAT Credit on Goods Transport Agency Services for trading purposes. The appellant's contention of not availing credit on traded goods was not substantiated with documentary evidence, but no intent to evade tax was found. The absence of material on record regarding the suppression of facts led to the appeal being allowed. The demand for the extended period of limitation was set aside due to lack of evidence of wilful misstatement or suppression of facts, resulting in the penalty being overturned. Case-Laws Service Tax Fri, 19 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355762