https://www.taxtmi.com/caselaws?id=444771 The Tribunal allowed the Appeal, granting the Appellant the benefit of closure under Sec 73(3) of the Finance Act, and set aside the penalties imposed under Sec 77 & 78. It determined that the Appellant had duly recorded the transaction in the books of accounts, paid the tax without dispute, and had no incentive to evade tax since Cenvat credit was available. Consequently, the Impugned Order was set aside. en-us Thu, 12 Oct 2023 00:00:00 +0530 Sun, 22 Oct 2023 21:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444771 The Tribunal allowed the Appeal, granting the Appellant the benefit of closure under Sec 73(3) of the Finance Act, and set aside the penalties imposed under Sec 77 & 78. It determined that the Appellant had duly recorded the transaction in the books of accounts, paid the tax without dispute, and had no incentive to evade tax since Cenvat credit was available. Consequently, the Impugned Order was set aside. Case-Laws Service Tax Thu, 12 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444771