2017 (11) TMI 1690

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..... s concurred with the view of the Revenue that the respondent-assessee is ineligible for claiming the input tax credit on LSHF-HSD, the said question of law does not arise for consideration in this appeal. time limitation - Penalty - Held that:- The Tribunal has set aside the penalty on the ground that for a particular period, there was no misdeclaration by the respondent-assessee, and that the .....

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..... ibility of input tax credit on LSHFHSD to M/s City Lubricants when LSHF and HSD are different in nature? ( ii) Whether the Tribunal is correct in deciding that the assessee has not made any misdeclaration. Hence, the issue is hit by limitation, when the assessee had clearly misdeclared and his mens rea is established? As regards the first substantial question of law, since the Tribuna .....

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