Levy of penalty - Waiver u/s 80 - it is seen that whatever tax ...

Penalty Waived u/s 80: No Intent to Evade Tax as Cenvat Credit Available, Judged Unnecessary for Large Company.

January 7, 2016

Case Laws Service Tax AT

Levy of penalty - Waiver u/s 80 - it is seen that whatever tax is paid by the appellant is available to them as Cenvat credit. In such a situation, being a big company, we are of the view that the appellant had no intention to avoid payment of service tax which would have been available to them as Cenvat credit and non payment would not result in any financial benefit - penalty waived - AT

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Levy of penalty - Waiver u/s 80 - it is seen that whatever tax ...

Penalty Waived u/s 80: No Intent to Evade Tax as Cenvat Credit Available, Judged Unnecessary for Large Company.

January 7, 2016

Case Laws Service Tax AT

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