Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2019 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (5) TMI 52 - CESTAT HYDERABADCENVAT Credit - input services - rent-a-cab services - HELD THAT:- Since the learned Chartered Accountant submits that he is not contesting the CENVAT Credit on the rent-a-cab services, there is no dispute to that extent. Penalty u/r 15 (2) of CCR - HELD THAT:- There is no sufficient evidence of either fraud or collision wilful mis-statement or suppression of facts in order to justify imposing penalty. Undoubtedly, there is violation of rules while availing CENVAT credit but the intent to evade payment of central excise duty is not evident from the records. In view of the above, there is a case to set aside the penalty under Rule 15(2). Appeal allowed in part.
|