https://www.taxtmi.com/caselaws?id=372891 The Tribunal upheld the demand for the normal period with interest but set aside the penalties imposed on the appellant in a case involving incorrect availing of input service credit on outward freight for transporting goods. The appellant's argument that the place of removal was the buyer's premises, making the outward freight eligible for credit, was rejected based on the Tribunal's interpretation of relevant legal precedents, including the Ultra Tech Cement case. The Tribunal emphasized that subsequent circulars could not override the Supreme Court's judgment on the matter. en-us Mon, 31 Dec 2018 00:00:00 +0530 Thu, 03 Jan 2019 06:29:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372891 The Tribunal upheld the demand for the normal period with interest but set aside the penalties imposed on the appellant in a case involving incorrect availing of input service credit on outward freight for transporting goods. The appellant's argument that the place of removal was the buyer's premises, making the outward freight eligible for credit, was rejected based on the Tribunal's interpretation of relevant legal precedents, including the Ultra Tech Cement case. The Tribunal emphasized that subsequent circulars could not override the Supreme Court's judgment on the matter. Case-Laws Central Excise Mon, 31 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372891