Central Excise Notification 2/2016-CE (NT) dated 3rd Feb-2016

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Dear Expert,

Please guide us on above subject

We have take service tax credit of manufacturing commission under category f Bushiness auxiliary service and not utilized but in respect of Notification No. 6/2015-CE (NT) Para No.7 (2) for purposes of sub-rule (1), then we have revert above disputed service tax credit 'under protest' and on monthly basis we have take credit, do not utilized, revert under protest & intimate to the department.there for we have received us two SCN 1st SCN pending at tribunal & 2nd pending at SCN issuing authority, also range superintendent get details for issue periodical SCN, till date department have not issue SCN. My question as above.

1. Now department issue Notification 2/2016-CE (NT) then department able to issue periodical SCN to us for the same.

2. What status of previous SCN pending at various authority.

3. Service tax credit on Trading sales eligible ?

AI Summary

Debate on Central Excise Notification 2/2016-CE: Impact on Service Tax Credit and Periodical Show Cause Notices Clarified A discussion on the applicability of Central Excise Notification 2/2016-CE (NT) dated February 3, 2016, revolves around service tax credit issues. The original query concerns whether the department can issue periodical show cause notices (SCNs) under the new notification and the status of pending SCNs. Responses clarify that the notification is prospective, effective from its publication date, and does not affect SCNs for periods before February 3, 2016. Additionally, it is explained that if sufficient credit balance exists, wrong credits are deemed unutilized, negating interest liabilities upon reversal. The views are supported by other contributors.