https://www.taxtmi.com/caselaws?id=218559 The Tribunal rejected the appeal by M/s. Venus Investments, upholding the disallowance of cenvat credit for wrongly availing commercial or industrial construction services for constructing an immovable property. The Tribunal emphasized the necessity for services to be provided for taxable output services to qualify as input services under the Cenvat Credit Rules. It also clarified that immovable property services are not liable to service tax, affirming the Revenue's position and denying the waiver of penalties and interest due to the intentional misuse of credit. en-us Tue, 17 Jan 2012 00:00:00 +0530 Sat, 16 Mar 2013 16:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218559 The Tribunal rejected the appeal by M/s. Venus Investments, upholding the disallowance of cenvat credit for wrongly availing commercial or industrial construction services for constructing an immovable property. The Tribunal emphasized the necessity for services to be provided for taxable output services to qualify as input services under the Cenvat Credit Rules. It also clarified that immovable property services are not liable to service tax, affirming the Revenue's position and denying the waiver of penalties and interest due to the intentional misuse of credit. Case-Laws Service Tax Tue, 17 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218559