2013 (1) TMI 493

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....are that during the course of audit of the assessee, it was noticed that the assessee had taken cenvat credit of Rs.93,195/- during the period from September, 2006 to May, 2007 on ineligible input services. When it was pointed out, the appellant / assessee reversed the credit taken, but did not pay any interest. Proceedings were initiated to recover the cenvat credit wrongly availed along with int....

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.... in the case of Maharashtra Seamless Ltd.   in the case of Endurance Technologies Pvt. Ltd.   4. When there are decisions taking a view that such credit is admissible, imposition of penalty is unwarranted. I find myself in agreement with the learned Counsel. In this case the appellant did not contest the view taken by the Revenue that credit was inadmissible and therefore the amount al....