https://www.taxtmi.com/caselaws?id=357484 The Tribunal allowed the appeal, setting aside the disallowance of Service Tax credit and penalty imposed on the appellants for not paying the full consideration for input services. The decision was based on the interpretation of Rule 4(7) of the Cenvat Credit Rules, 2004, and previous cases holding that no reversal of credit could be ordered in similar circumstances. The Tribunal found the impugned order unsustainable, following the precedent set in previous cases with analogous facts. en-us Wed, 25 Oct 2017 00:00:00 +0530 Sat, 24 Mar 2018 06:12:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357484 The Tribunal allowed the appeal, setting aside the disallowance of Service Tax credit and penalty imposed on the appellants for not paying the full consideration for input services. The decision was based on the interpretation of Rule 4(7) of the Cenvat Credit Rules, 2004, and previous cases holding that no reversal of credit could be ordered in similar circumstances. The Tribunal found the impugned order unsustainable, following the precedent set in previous cases with analogous facts. Case-Laws Central Excise Wed, 25 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357484