No Penalties Imposed for Exceeding 20% Cenvat Credit Utilization Due to Interpretative Issues on Service Tax Input Services.

Cenvat credit - service tax paid on various input services and utilization thereof - Demand - utilization of CENVAT credit in excess of 20% - since all the issues involved in this case are of interpretative nature, there is no reason to visit appellant with any penalty. - AT .....

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