https://www.taxtmi.com/caselaws?id=429242 The tribunal partly allowed the appeal by setting aside the penalty imposed for availing credit on input services used in the co-generation plant for electricity generation. The penalty for availing credit on services used in manufacturing Ethyl Alcohol was upheld due to inadvertent availing of credit on input services for an exempted product. The decision was based on the interpretational nature of the issues and the circumstances surrounding the credit availing for both situations. en-us Wed, 19 Oct 2022 00:00:00 +0530 Fri, 21 Oct 2022 07:24:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429242 The tribunal partly allowed the appeal by setting aside the penalty imposed for availing credit on input services used in the co-generation plant for electricity generation. The penalty for availing credit on services used in manufacturing Ethyl Alcohol was upheld due to inadvertent availing of credit on input services for an exempted product. The decision was based on the interpretational nature of the issues and the circumstances surrounding the credit availing for both situations. Case-Laws Central Excise Wed, 19 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429242