https://www.taxtmi.com/caselaws?id=415000 The Tribunal ruled in favor of the appellant, setting aside the penalty imposed for irregular availment of CENVAT Credit on input services. The decision emphasized that the error was unintentional, stemming from incorrect credit allocation between units rather than intentional evasion. The Tribunal considered the prompt reversal of the remaining amount and precedent cases where reversal before a show cause notice negated the extended limitation period. Ultimately, the Tribunal found no deliberate intent to evade duty, leading to the dismissal of the penalty and allowing the appeal. en-us Tue, 09 Nov 2021 00:00:00 +0530 Wed, 24 Nov 2021 06:13:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415000 The Tribunal ruled in favor of the appellant, setting aside the penalty imposed for irregular availment of CENVAT Credit on input services. The decision emphasized that the error was unintentional, stemming from incorrect credit allocation between units rather than intentional evasion. The Tribunal considered the prompt reversal of the remaining amount and precedent cases where reversal before a show cause notice negated the extended limitation period. Ultimately, the Tribunal found no deliberate intent to evade duty, leading to the dismissal of the penalty and allowing the appeal. Case-Laws Central Excise Tue, 09 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415000