https://www.taxtmi.com/caselaws?id=370120 The appellate tribunal upheld that the devices provided by the appellant on hire/test basis constituted trading activity, rendering them ineligible for CENVAT credit. The penalty under Section 78(1) of the Finance Act was deemed unwarranted due to interpretational issues, resulting in the penalty being dropped, and the appeal partly allowed. en-us Tue, 30 Oct 2018 00:00:00 +0530 Sat, 10 Nov 2018 07:12:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370120 The appellate tribunal upheld that the devices provided by the appellant on hire/test basis constituted trading activity, rendering them ineligible for CENVAT credit. The penalty under Section 78(1) of the Finance Act was deemed unwarranted due to interpretational issues, resulting in the penalty being dropped, and the appeal partly allowed. Case-Laws Service Tax Tue, 30 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370120