https://www.taxtmi.com/caselaws?id=379524 The Tribunal ruled in favor of the appellant, overturning the decision to disallow CENVAT credit due to an address discrepancy on the bank account related to input services provided by a bank to a specific unit. The Tribunal found the address issue to be a technical matter arising from KYC norms and not a valid reason to deny the credit. Additionally, the Tribunal agreed with the appellant's argument regarding the limitation period for issuing the Show Cause Notice, stating that there was no intent to evade payment of duty. As a result, the demand, interest, and penalties imposed were set aside, and the appellant's appeal was allowed with consequential reliefs. en-us Thu, 04 Apr 2019 00:00:00 +0530 Tue, 27 Oct 2020 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379524 The Tribunal ruled in favor of the appellant, overturning the decision to disallow CENVAT credit due to an address discrepancy on the bank account related to input services provided by a bank to a specific unit. The Tribunal found the address issue to be a technical matter arising from KYC norms and not a valid reason to deny the credit. Additionally, the Tribunal agreed with the appellant's argument regarding the limitation period for issuing the Show Cause Notice, stating that there was no intent to evade payment of duty. As a result, the demand, interest, and penalties imposed were set aside, and the appellant's appeal was allowed with consequential reliefs. Case-Laws Central Excise Thu, 04 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379524