https://www.taxtmi.com/caselaws?id=206182 The Tribunal upheld the Commissioner (Appeals) ruling in a case concerning the liability to pay interest on service tax due to the reversal of cenvat credit for GTA services. It was determined that the reversal of cenvat credit did not constitute withholding tax money from the government, as the subsequent cash payment was a procedural rectification without financial benefit to the respondents. The decision clarified that the reversal of cenvat credit and subsequent payment did not result in any delay or advantage for the respondents, leading to the rejection of the Revenue's appeal. en-us Fri, 29 Jul 2011 00:00:00 +0530 Tue, 27 Dec 2011 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206182 The Tribunal upheld the Commissioner (Appeals) ruling in a case concerning the liability to pay interest on service tax due to the reversal of cenvat credit for GTA services. It was determined that the reversal of cenvat credit did not constitute withholding tax money from the government, as the subsequent cash payment was a procedural rectification without financial benefit to the respondents. The decision clarified that the reversal of cenvat credit and subsequent payment did not result in any delay or advantage for the respondents, leading to the rejection of the Revenue's appeal. Case-Laws Service Tax Fri, 29 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206182