9911796707
TMI Blog2025 (4) TMI 67X X X X Extracts X X X X X X X X Extracts X X X X ..... 5694 of 2022 - FINAL ORDER NO. 75738 – 75739 / 2025 X X X X Extracts X X X X X X X X Extracts X X X X ..... eged in the SCN was that the Respondent had availed and utilised CENVAT Credit on input services beyond the specified period of one year from the date of issuance of the invoices. The SCN also proposed penalty under Section 78A of the Finance Act, 1994 on the respondents, on account of his active involvement in the Respondent Company. 2.3 The Adjudicating Authority allowed the Cenvat credit of Rs ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e cenvat credit . Consequently, the impugned order is to be set aside. 4. On the other hand, the ld.Counsel for the respondents, submits that the cenvat credit has availed by the respondents, but there was no time limit to avail the cenvat credit on the input/input services received by the respondents. In that circumstances, whole of the demand, which confirmed by the ld.Adjudicating Authority is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... In that circumstances, the time limit as prescribed under the said Notification is applicable for the procurement of input/input services after 11.07.2014, not for the period of procurement of input or input services prior to the said date and the ld.Commissioner (Appeals) has done so. Therefore, we do agree with the observations made by the ld.Commissioner (Appeals) in the impugned order. 8. In ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
