https://www.taxtmi.com/caselaws?id=206070 The Tribunal set aside demands for non-payment of service tax related to revenue sharing from MICT, freight and terminal sharing from railways, deferred infrastructure development income, and certain port services. It upheld the denial of Cenvat credit on specific items but noted no penalty was warranted. The Tribunal confirmed the appellants' entitlement to utilize accumulated credit under Rule 6(3) of Cenvat Credit Rules, 2004, with interest but dropped penalties. Due to doubts about taxability, the extended limitation period was not invoked, and penalties were not justified. The matter was remanded for reconsideration of limitations and penalties on specific services, emphasizing consistency and adherence to legislative amendments. en-us Wed, 28 Sep 2011 00:00:00 +0530 Mon, 18 Mar 2013 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206070 The Tribunal set aside demands for non-payment of service tax related to revenue sharing from MICT, freight and terminal sharing from railways, deferred infrastructure development income, and certain port services. It upheld the denial of Cenvat credit on specific items but noted no penalty was warranted. The Tribunal confirmed the appellants' entitlement to utilize accumulated credit under Rule 6(3) of Cenvat Credit Rules, 2004, with interest but dropped penalties. Due to doubts about taxability, the extended limitation period was not invoked, and penalties were not justified. The matter was remanded for reconsideration of limitations and penalties on specific services, emphasizing consistency and adherence to legislative amendments. Case-Laws Service Tax Wed, 28 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206070