https://www.taxtmi.com/caselaws?id=272755 The Tribunal ruled in favor of the Appellant in a case involving demurrage charges for export cargo and the utilization of Cenvat credit for service tax payment. The Tribunal acknowledged the Appellant's bonafide belief regarding service tax payment on export cargo and invoked Section 80 of the Finance Act to waive the penalty for non-payment. Additionally, the Tribunal determined that the utilization of more than 20% of Cenvat credit was a technical error, resulting in a reduced penalty of &8377; 10,000 for the Appellant. en-us Thu, 26 Dec 2013 00:00:00 +0530 Wed, 16 May 2018 16:59:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272755 The Tribunal ruled in favor of the Appellant in a case involving demurrage charges for export cargo and the utilization of Cenvat credit for service tax payment. The Tribunal acknowledged the Appellant's bonafide belief regarding service tax payment on export cargo and invoked Section 80 of the Finance Act to waive the penalty for non-payment. Additionally, the Tribunal determined that the utilization of more than 20% of Cenvat credit was a technical error, resulting in a reduced penalty of &8377; 10,000 for the Appellant. Case-Laws Service Tax Thu, 26 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272755