https://www.taxtmi.com/caselaws?id=237800 The Appellate Tribunal CESTAT BANGALORE ruled on the case involving the appellant's claim of CENVAT credit based on a debit note invoice from an associated company. The Tribunal found that the appellant failed to comply with the prescribed mode of claiming CENVAT credit, leading to the disallowance of the credit. As a result, the appellant was directed to deposit 50% of the service tax demanded in each appeal within four weeks as an interim measure, with the remaining demands stayed pending the appeal process. This decision aimed to uphold compliance with the prescribed mode of CENVAT credit grant, ensuring procedural correctness in the tax credit system. en-us Tue, 17 Sep 2013 00:00:00 +0530 Tue, 08 Oct 2013 06:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237800 The Appellate Tribunal CESTAT BANGALORE ruled on the case involving the appellant's claim of CENVAT credit based on a debit note invoice from an associated company. The Tribunal found that the appellant failed to comply with the prescribed mode of claiming CENVAT credit, leading to the disallowance of the credit. As a result, the appellant was directed to deposit 50% of the service tax demanded in each appeal within four weeks as an interim measure, with the remaining demands stayed pending the appeal process. This decision aimed to uphold compliance with the prescribed mode of CENVAT credit grant, ensuring procedural correctness in the tax credit system. Case-Laws Service Tax Tue, 17 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237800