https://www.taxtmi.com/caselaws?id=373877 The judgment addresses the dispute over the imposition of a penalty under section 78 of the Finance Act, 1994. The appellant, a service provider, was criticized for misinterpreting rules and denying the right to avail CENVAT credit for tax liabilities. The tribunal set aside the order for fresh adjudication, emphasizing adherence to due process. The denial of CENVAT credit was challenged, highlighting the authority's jurisdictional overreach. The judgment stressed the importance of following legal procedures and ensuring decisions are within the authority's scope. The liability for penalty under section 78 was also deliberated, urging a reassessment for a fair outcome. en-us Fri, 18 Jan 2019 00:00:00 +0530 Tue, 22 Jan 2019 08:04:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373877 The judgment addresses the dispute over the imposition of a penalty under section 78 of the Finance Act, 1994. The appellant, a service provider, was criticized for misinterpreting rules and denying the right to avail CENVAT credit for tax liabilities. The tribunal set aside the order for fresh adjudication, emphasizing adherence to due process. The denial of CENVAT credit was challenged, highlighting the authority's jurisdictional overreach. The judgment stressed the importance of following legal procedures and ensuring decisions are within the authority's scope. The liability for penalty under section 78 was also deliberated, urging a reassessment for a fair outcome. Case-Laws Service Tax Fri, 18 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373877