https://www.taxtmi.com/caselaws?id=358559 The Tribunal held that Rule 14 of the Cenvat Credit Rules does not apply to Input Service Distributors (ISDs) wrongly distributing credit. The demand and penalties against the Appellant for incorrectly availing cenvat credit were set aside, allowing the appeal with consequential reliefs. The Tribunal emphasized that ISDs are not liable for recovery of wrongly availed credit, which should be sought from manufacturers or service providers. The judgment was pronounced on 21/03/2018, disposing of the cross-objection as well. en-us Wed, 21 Mar 2018 00:00:00 +0530 Fri, 13 Apr 2018 07:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358559 The Tribunal held that Rule 14 of the Cenvat Credit Rules does not apply to Input Service Distributors (ISDs) wrongly distributing credit. The demand and penalties against the Appellant for incorrectly availing cenvat credit were set aside, allowing the appeal with consequential reliefs. The Tribunal emphasized that ISDs are not liable for recovery of wrongly availed credit, which should be sought from manufacturers or service providers. The judgment was pronounced on 21/03/2018, disposing of the cross-objection as well. Case-Laws Service Tax Wed, 21 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358559