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2017 (9) TMI 611 - AT - Central ExciseCENVAT credit - input services - denial on account of nexus - Held that: - the CENVAT credit with respect to freight outwards of ₹ 32,482/- have been remanded to the adjudicating authority for reconsideration, CENVAT credit relating to canteen services, labour charges on civil work, telecommunication services are confirmed as not contested. So far the other services are concerned, all have been allowed - appeal is allowed and is remanded only with respect to freight outwards. Penalty - Held that: - the issue is wholly of interpretation in nature and that there is no suppression of any facts from the Revenue as all the transactions are properly recorded in the books of accounts ordinarily maintained in the course of business. Accordingly, the penalty retained by the learned Commissioner (Appeals) is set aside. Interest - Held that: - So far as interest is concerned, on amount of CENVAT credit on inputs services reversed, appellant is directed to pay the same in accordance with the law. Appeal allowed in part and part matter on remand.
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