https://www.taxtmi.com/caselaws?id=377346 The appellant availed credit on input services related to windmills, including services for electricity supplied to a sister Unit. The audit revealed the ineligibility for this credit, leading to a demand for recovery. The appellant reversed the credit before a show-cause notice was issued, arguing the sister Unit was eligible, making it revenue neutral. The penalty for wrongly availing the credit was contested, with the court finding the reversal and eligibility made the situation revenue neutral. The penalty was set aside, and the demand and interest were upheld, partially allowing the appeal with consequential reliefs. en-us Mon, 07 Jan 2019 00:00:00 +0530 Thu, 28 Mar 2019 06:59:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377346 The appellant availed credit on input services related to windmills, including services for electricity supplied to a sister Unit. The audit revealed the ineligibility for this credit, leading to a demand for recovery. The appellant reversed the credit before a show-cause notice was issued, arguing the sister Unit was eligible, making it revenue neutral. The penalty for wrongly availing the credit was contested, with the court finding the reversal and eligibility made the situation revenue neutral. The penalty was set aside, and the demand and interest were upheld, partially allowing the appeal with consequential reliefs. Case-Laws Central Excise Mon, 07 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377346