https://www.taxtmi.com/forum/issue?id=623 Wrongly availed CENVAT credit alongside claiming abatement under Notification 1/2006 can prompt audit disallowance of the abatement and corresponding service tax liability. The recommended remedial steps are reversal of the credit, payment of the service tax with interest, and filing a revised return; voluntary payment before audit may limit penal exposure under the relevant notification or circular. en-us Wed, 02 Jan 2008 16:02:24 +0530 Thu, 23 Jan 2025 15:58:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=623 Wrongly availed CENVAT credit alongside claiming abatement under Notification 1/2006 can prompt audit disallowance of the abatement and corresponding service tax liability. The recommended remedial steps are reversal of the credit, payment of the service tax with interest, and filing a revised return; voluntary payment before audit may limit penal exposure under the relevant notification or circular. Discussion-Forum Service Tax Wed, 02 Jan 2008 16:02:24 +0530 https://www.taxtmi.com/forum/issue?id=623