https://www.taxtmi.com/caselaws?id=273063 The appellant, M/s Parle Products Pvt Ltd, successfully challenged the interest and penalty imposed for incorrect availment of tax credit under the Central Excise Act, 1944. The adjudicating authority limited the recovery amount, acknowledging the appellant's corrective actions before the notice was issued. The court accepted that the appellant availed credit only for services related to dutiable products, leading to the setting aside of the penalty and interest charges due to the absence of evidence of intent to evade duty. en-us Fri, 28 Jul 2017 00:00:00 +0530 Sat, 02 Jun 2018 11:36:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273063 The appellant, M/s Parle Products Pvt Ltd, successfully challenged the interest and penalty imposed for incorrect availment of tax credit under the Central Excise Act, 1944. The adjudicating authority limited the recovery amount, acknowledging the appellant's corrective actions before the notice was issued. The court accepted that the appellant availed credit only for services related to dutiable products, leading to the setting aside of the penalty and interest charges due to the absence of evidence of intent to evade duty. Case-Laws Central Excise Fri, 28 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273063