https://www.taxtmi.com/caselaws?id=363395 The Tribunal held that penalty imposition for availing excess Cenvat credit and non-payment of Service Tax was unjustified due to the absence of mala fide intent. The appellant rectified the errors promptly upon discovery, paying the duty and interest. Emphasizing the lack of intentional evasion and the appellant's cooperation, the Tribunal set aside the penalties, emphasizing that penalties are warranted only in cases of mala fide intent. The judgment underscores the significance of immediate rectification and cooperation in tax-related matters to avoid unjust penalties. en-us Mon, 09 Jul 2018 00:00:00 +0530 Thu, 12 Jul 2018 08:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363395 The Tribunal held that penalty imposition for availing excess Cenvat credit and non-payment of Service Tax was unjustified due to the absence of mala fide intent. The appellant rectified the errors promptly upon discovery, paying the duty and interest. Emphasizing the lack of intentional evasion and the appellant's cooperation, the Tribunal set aside the penalties, emphasizing that penalties are warranted only in cases of mala fide intent. The judgment underscores the significance of immediate rectification and cooperation in tax-related matters to avoid unjust penalties. Case-Laws Service Tax Mon, 09 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363395