https://www.taxtmi.com/caselaws?id=239592 The Tribunal allowed the appellant to use Cenvat credit for payment of service tax on 'Intellectual Property Rights Service', citing Rule 3(4)(e) of the Cenvat Credit Rules, 2004 and the definition of 'output service' under the Finance Act, 1994. The Tribunal clarified that Rule 5 of the Taxation of Service Rules, 2006 did not apply as the appellant used Cenvat credit on capital goods, not input services. The Tribunal directed the appellant to deposit a specified sum to cover interest on delayed payment and granted a stay against recovery during the appeal upon compliance with the deposit requirement. en-us Mon, 21 Oct 2013 00:00:00 +0530 Tue, 29 Aug 2017 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239592 The Tribunal allowed the appellant to use Cenvat credit for payment of service tax on 'Intellectual Property Rights Service', citing Rule 3(4)(e) of the Cenvat Credit Rules, 2004 and the definition of 'output service' under the Finance Act, 1994. The Tribunal clarified that Rule 5 of the Taxation of Service Rules, 2006 did not apply as the appellant used Cenvat credit on capital goods, not input services. The Tribunal directed the appellant to deposit a specified sum to cover interest on delayed payment and granted a stay against recovery during the appeal upon compliance with the deposit requirement. Case-Laws Service Tax Mon, 21 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239592