2025 (2) TMI 624 - SCH - Central Excise

CENVAT credit for input services upheld; denial not allowed without supplier assessment revision under Rule 2(l), CCR 2004

The SC dismissed the special leave petition and refused to interfere with the HC's order. The court held that CENVAT credit for input services under the ... Ineligibility for input services credited in terms of the CENVAT Credit Rules, 2004 - credit cannot be denied unless and until the assessment made by the dealer is revised the credit at the recipient’s end - sham transactions - it was held by High Court that 'The respondent filed invoices and returns before their jurisdictional offices and paid the service tax arising out of it. The Tribunal clearly held that even in the show-cause notice, there was no allegation that the services rendered under these invoices were not falling within the ambit of Rule 2(l) of the CCR 2004.' HELD THAT:- There are no reason to interfere with the impugned order passed by the High Court - SLP dismissed. The Supreme Court of India, with Hon'ble Justices J.B. Pardiwala and R. Mahadevan presiding, dismissed a Special Leave Petition after considering arguments from both parties and reviewing the case records. The Court found no grounds to overturn the High Court's decision, and thus, the petition was rejected. Any pending applications were also resolved as a result of this judgment.