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 in .....

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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 a .....

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