https://www.taxtmi.com/caselaws?id=409793 The Tribunal allowed the appeal, setting aside the demand for reversing the Cenvat credit and penalty imposed on a manufacturing company for irregularly availing Cenvat credit on Service Tax paid under Reverse Charge Mechanism for freight of imported goods. The judgment emphasized that since the payment was not disputed and there was no evidence of fraud, the appellant was entitled to retain the credit, granting consequential relief and ruling out the imposition of a penalty under section 11AC of the Act. en-us Thu, 15 Jul 2021 00:00:00 +0530 Fri, 22 Oct 2021 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409793 The Tribunal allowed the appeal, setting aside the demand for reversing the Cenvat credit and penalty imposed on a manufacturing company for irregularly availing Cenvat credit on Service Tax paid under Reverse Charge Mechanism for freight of imported goods. The judgment emphasized that since the payment was not disputed and there was no evidence of fraud, the appellant was entitled to retain the credit, granting consequential relief and ruling out the imposition of a penalty under section 11AC of the Act. Case-Laws Central Excise Thu, 15 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409793