https://www.taxtmi.com/caselaws?id=758840 Delhi HC dismissed appeal challenging CESTAT order on CENVAT credit reversal. Tribunal correctly allowed proportionate reversal under Rule 6(3) of CENVAT Credit Rules, 2004 for assessee providing both taxable and non-taxable services in Jammu and Kashmir. Court found no intent to evade duty by assessee regarding group insurance policies for employees and legal services under reverse charge mechanism. Penalty and interest demands were set aside as appellant failed to establish tax evasion intent. en-us Fri, 30 Aug 2024 00:00:00 +0530 Fri, 20 Sep 2024 08:31:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758840 Delhi HC dismissed appeal challenging CESTAT order on CENVAT credit reversal. Tribunal correctly allowed proportionate reversal under Rule 6(3) of CENVAT Credit Rules, 2004 for assessee providing both taxable and non-taxable services in Jammu and Kashmir. Court found no intent to evade duty by assessee regarding group insurance policies for employees and legal services under reverse charge mechanism. Penalty and interest demands were set aside as appellant failed to establish tax evasion intent. Case-Laws Service Tax Fri, 30 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758840