https://www.taxtmi.com/caselaws?id=356926 The Tribunal ruled in favor of the appellant, setting aside the demand and penalties imposed for availing credit on common input services used for both trading activities and output services. The appellant's belief that trading activity was exempted, supported by regular filing of returns and lack of objections during audits, was deemed genuine. The confusion regarding the exempted status of trading activities before April 2011 and the absence of evidence proving the appellant's intention to evade payment led to the decision in favor of the appellant, with the show cause notice being considered time-barred. en-us Thu, 18 Jan 2018 00:00:00 +0530 Mon, 23 Apr 2018 16:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356926 The Tribunal ruled in favor of the appellant, setting aside the demand and penalties imposed for availing credit on common input services used for both trading activities and output services. The appellant's belief that trading activity was exempted, supported by regular filing of returns and lack of objections during audits, was deemed genuine. The confusion regarding the exempted status of trading activities before April 2011 and the absence of evidence proving the appellant's intention to evade payment led to the decision in favor of the appellant, with the show cause notice being considered time-barred. Case-Laws Service Tax Thu, 18 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356926