https://www.taxtmi.com/caselaws?id=239219 The Appellate Tribunal CESTAT CHENNAI addressed the disallowance of CENVAT credit on iron and steel products used in construction under Works Contract Service. The Tribunal acknowledged the use of materials in construction but decided to further examine the eligibility of iron and steel articles for credit based on a Supreme Court decision. It also scrutinized the applicability of Notification No.32/07-ST to the service provider or recipient, ultimately granting a stay on the recovery of the balance amount of duty, interest, and penalty pending appeal. The Tribunal found the payment made by the applicant sufficient for waiving the predeposit. en-us Fri, 12 Jul 2013 00:00:00 +0530 Fri, 08 Nov 2013 10:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239219 The Appellate Tribunal CESTAT CHENNAI addressed the disallowance of CENVAT credit on iron and steel products used in construction under Works Contract Service. The Tribunal acknowledged the use of materials in construction but decided to further examine the eligibility of iron and steel articles for credit based on a Supreme Court decision. It also scrutinized the applicability of Notification No.32/07-ST to the service provider or recipient, ultimately granting a stay on the recovery of the balance amount of duty, interest, and penalty pending appeal. The Tribunal found the payment made by the applicant sufficient for waiving the predeposit. Case-Laws Service Tax Fri, 12 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239219