https://www.taxtmi.com/caselaws?id=357729 The Tribunal allowed the appeal, waiving the penalty imposed on the appellant for not maintaining separate accounts for input services as required by Rule 6 of Cenvat Credit Rules, 2004. The appellant had voluntarily reversed the credits before the show cause notice, which the Tribunal deemed a reasonable cause for the delayed reversal, setting aside the penalty under Section 80 of the Finance Act, 1994. en-us Mon, 19 Mar 2018 00:00:00 +0530 Thu, 29 Mar 2018 07:29:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357729 The Tribunal allowed the appeal, waiving the penalty imposed on the appellant for not maintaining separate accounts for input services as required by Rule 6 of Cenvat Credit Rules, 2004. The appellant had voluntarily reversed the credits before the show cause notice, which the Tribunal deemed a reasonable cause for the delayed reversal, setting aside the penalty under Section 80 of the Finance Act, 1994. Case-Laws Service Tax Mon, 19 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357729