https://www.taxtmi.com/highlights?id=57031 Penalty - wrong availment of cenvat credit - The intention as to fraud, suppression of facts, etc., are relevant for the penalty under Rule 15 (3) and hence, the Revenue has not made out any case to rope-in Rule 15 (1) which deals with a different situation altogether - there is no scope to sustain even the reduced penalty and accordingly, the same is directed to be deleted in toto. - AT en-us Sat, 06 Mar 2021 11:12:00 +0530 Sat, 06 Mar 2021 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=57031 Penalty - wrong availment of cenvat credit - The intention as to fraud, suppression of facts, etc., are relevant for the penalty under Rule 15 (3) and hence, the Revenue has not made out any case to rope-in Rule 15 (1) which deals with a different situation altogether - there is no scope to sustain even the reduced penalty and accordingly, the same is directed to be deleted in toto. - AT Highlights Service Tax Sat, 06 Mar 2021 11:12:00 +0530 https://www.taxtmi.com/highlights?id=57031