https://www.taxtmi.com/caselaws?id=363371 Penalty was not leviable for wrong availment of Cenvat credit on construction-related services because the credit was reversed before the show cause notice and the assessee had acted under a bona fide misinterpretation of input service scope. Where the services related to repair and maintenance of the factory, two views were possible on admissibility and no suppression or deliberate evasion was established, penal action under Section 11AC of the Central Excise Act, 1944 and Rule 15(2) of the Cenvat Credit Rules, 2004 was not warranted. en-us Fri, 18 May 2018 00:00:00 +0530 Thu, 12 Jul 2018 08:30:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363371 Penalty was not leviable for wrong availment of Cenvat credit on construction-related services because the credit was reversed before the show cause notice and the assessee had acted under a bona fide misinterpretation of input service scope. Where the services related to repair and maintenance of the factory, two views were possible on admissibility and no suppression or deliberate evasion was established, penal action under Section 11AC of the Central Excise Act, 1944 and Rule 15(2) of the Cenvat Credit Rules, 2004 was not warranted. Case-Laws Central Excise Fri, 18 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363371