https://www.taxtmi.com/caselaws?id=383132 The Tribunal allowed the appeal filed by an automobile dealer and service station, setting aside the penalty imposed for not maintaining separate accounts of CENVAT credit and failure to reverse proportionate credit as required. The Tribunal ruled out contumacious conduct or intentional suppression of information, attributing the lapses to a lack of interpretational skill. The appellant's compliance with payment and provision of transaction records led to the deletion of the penalty and the non-application of the extended limitation period, emphasizing the importance of proper record-keeping to prevent future disputes. en-us Thu, 21 Feb 2019 00:00:00 +0530 Thu, 18 Jul 2019 07:58:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383132 The Tribunal allowed the appeal filed by an automobile dealer and service station, setting aside the penalty imposed for not maintaining separate accounts of CENVAT credit and failure to reverse proportionate credit as required. The Tribunal ruled out contumacious conduct or intentional suppression of information, attributing the lapses to a lack of interpretational skill. The appellant's compliance with payment and provision of transaction records led to the deletion of the penalty and the non-application of the extended limitation period, emphasizing the importance of proper record-keeping to prevent future disputes. Case-Laws Service Tax Thu, 21 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383132