https://www.taxtmi.com/caselaws?id=369569 The appeal was allowed by the Appellate Tribunal CESTAT Bangalore on 22/10/2018. The penalty imposed on the appellant for irregularly availing CENVAT credit on Customs Education Cess and Customs Secondary & Higher Education Cess was set aside. The appellant promptly reversed the credit upon notification by the Department, showing no mala fide intention. The Tribunal found the penalty unsustainable in law, citing precedents and a Board Circular. The appeal was allowed with consequential relief, if any, as the appellant had paid the tax along with interest within the specified time, concluding the proceedings. en-us Mon, 22 Oct 2018 00:00:00 +0530 Wed, 31 Oct 2018 10:06:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369569 The appeal was allowed by the Appellate Tribunal CESTAT Bangalore on 22/10/2018. The penalty imposed on the appellant for irregularly availing CENVAT credit on Customs Education Cess and Customs Secondary & Higher Education Cess was set aside. The appellant promptly reversed the credit upon notification by the Department, showing no mala fide intention. The Tribunal found the penalty unsustainable in law, citing precedents and a Board Circular. The appeal was allowed with consequential relief, if any, as the appellant had paid the tax along with interest within the specified time, concluding the proceedings. Case-Laws Central Excise Mon, 22 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369569