https://www.taxtmi.com/caselaws?id=764977 The SC dismissed the appeals, upholding the CESTAT finding that the transactions were not liable to service tax and that receipts towards ocean freight qualified as eligible documents under Rule 9 of the Cenvat Credit Rules, 2004. The court declined to sustain imposition of consolidated penalties under Sections 76-78 and did not permit denial of Cenvat credit based solely on procedural irregularities. The challenge to the extended period of limitation failed and there was no reason to interfere with the impugned judgment. en-us Mon, 20 Jan 2025 00:00:00 +0530 Fri, 07 Nov 2025 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764977 The SC dismissed the appeals, upholding the CESTAT finding that the transactions were not liable to service tax and that receipts towards ocean freight qualified as eligible documents under Rule 9 of the Cenvat Credit Rules, 2004. The court declined to sustain imposition of consolidated penalties under Sections 76-78 and did not permit denial of Cenvat credit based solely on procedural irregularities. The challenge to the extended period of limitation failed and there was no reason to interfere with the impugned judgment. Case-Laws Service Tax Mon, 20 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764977