https://www.taxtmi.com/caselaws?id=444304 The Tribunal ruled in favor of the appellant in a case involving the wrong utilization of CENVAT credit, availing credit on ineligible services, and credit based on debit notes. The demand for excessive credit utilization was partially upheld with interest payable till a specified date. Credits for ineligible services and debit notes were deemed valid, resulting in those demands being set aside. The appellant's admission and payment of credit on exempted services were upheld, with penalties set aside due to lack of evidence of willful suppression. The appeal was partly allowed, with modifications to the impugned order. en-us Wed, 11 Oct 2023 00:00:00 +0530 Fri, 13 Oct 2023 08:58:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444304 The Tribunal ruled in favor of the appellant in a case involving the wrong utilization of CENVAT credit, availing credit on ineligible services, and credit based on debit notes. The demand for excessive credit utilization was partially upheld with interest payable till a specified date. Credits for ineligible services and debit notes were deemed valid, resulting in those demands being set aside. The appellant's admission and payment of credit on exempted services were upheld, with penalties set aside due to lack of evidence of willful suppression. The appeal was partly allowed, with modifications to the impugned order. Case-Laws Service Tax Wed, 11 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444304