https://www.taxtmi.com/caselaws?id=424337 The Appellate Tribunal CESTAT AHMEDABAD ruled in favor of the appellant, setting aside the penalty imposed under section 11 AC of the Central Excise Act, 1944 for wrong availment of cenvat credit on input services during the period in question (July 2009 - July 2010). The Tribunal found no legal basis for the penalty under Rule 15 of CCR, 2004 during that period and cited legal precedents to support their decision, ultimately allowing the appeal and overturning the penalty. en-us Fri, 24 Jun 2022 00:00:00 +0530 Tue, 28 Jun 2022 07:43:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424337 The Appellate Tribunal CESTAT AHMEDABAD ruled in favor of the appellant, setting aside the penalty imposed under section 11 AC of the Central Excise Act, 1944 for wrong availment of cenvat credit on input services during the period in question (July 2009 - July 2010). The Tribunal found no legal basis for the penalty under Rule 15 of CCR, 2004 during that period and cited legal precedents to support their decision, ultimately allowing the appeal and overturning the penalty. Case-Laws Central Excise Fri, 24 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424337