https://www.taxtmi.com/caselaws?id=425562 The appeal was allowed in part, recognizing the appellant's entitlement to cenvat credit for rent paid and reducing the penalty imposed under Section 78. The Tribunal found the issue to be interpretational, emphasizing the appellant's compliance in maintaining records and declaring transactions. The matter was remanded for re-calculation of tax liability considering input cenvat credit, with the appellant instructed to appear before the Adjudicating Authority for finalization of any tax demand based on the Tribunal's decision. en-us Fri, 15 Jul 2022 00:00:00 +0530 Wed, 27 Jul 2022 08:39:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425562 The appeal was allowed in part, recognizing the appellant's entitlement to cenvat credit for rent paid and reducing the penalty imposed under Section 78. The Tribunal found the issue to be interpretational, emphasizing the appellant's compliance in maintaining records and declaring transactions. The matter was remanded for re-calculation of tax liability considering input cenvat credit, with the appellant instructed to appear before the Adjudicating Authority for finalization of any tax demand based on the Tribunal's decision. Case-Laws Service Tax Fri, 15 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425562