TMI Blog2019 (7) TMI 828X X X X Extracts X X X X X X X X Extracts X X X X ..... any act of suppression of any information from Revenue - Whatever laps has occurred, is due to lack of interpretational skill and understanding on the part of the appellant. Further pursuant to the order-in-original the appellant have paid ₹ 9,33,536/- including interest by way of Challan No. 0023 on 1st March, 2018. The penalty as retained by the Commissioner (Appeals) is set aside and t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . For the period under dispute October, 2010 to March, 2015, show cause notice dated 21st April, 2016 was issued alleging that appellant was not maintaining separate accounts of CENVAT credit for their output services being taxable and exempt services and further have not reversed the proportionate credit as required under Rule 6(3) CCR, 2004. Accordingly, the show cause notice demanded reversal o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t as per the show cause notice it is admitted fact that appellant have maintained proper records of all his transactions in the ordinary course of business and all the data for the show cause notice has been supplied either by the appellant or collected by the audit, as is evident from FAR No. 35/S/Tax/2013-14 which is part of the show cause notice. Further it is alleged in the show cause notice t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rmation from Revenue. Whatever laps has occurred, is due to lack of interpretational skill and understanding on the part of the appellant. Further pursuant to the order-in-original the appellant have paid ₹ 9,33,536/- including interest by way of Challan No. 0023 on 1st March, 2018. In this view of the matter, I set aside the penalty as retained by the Commissioner (Appeals) and also hold th ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
