https://www.taxtmi.com/caselaws?id=240180 The Tribunal ruled in favor of the appellant in a case involving the interpretation of Cenvat Credit Rules. It found the Revenue's demand regarding the treatment of trading as an exempted service unsustainable, agreeing with the appellant's compliance with the rules. The Tribunal also upheld the appellant's utilization of accumulated credit post-amendment of Rule 6(3), stating that the credit would not lapse. The appellant accepted the denial of credit for input services used for trading, and minor procedural infractions were deemed insignificant. The Tribunal admitted the appeal without pre-deposit and ordered a stay on the collection of dues during the appeal process. en-us Thu, 24 Oct 2013 00:00:00 +0530 Thu, 11 Sep 2014 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240180 The Tribunal ruled in favor of the appellant in a case involving the interpretation of Cenvat Credit Rules. It found the Revenue's demand regarding the treatment of trading as an exempted service unsustainable, agreeing with the appellant's compliance with the rules. The Tribunal also upheld the appellant's utilization of accumulated credit post-amendment of Rule 6(3), stating that the credit would not lapse. The appellant accepted the denial of credit for input services used for trading, and minor procedural infractions were deemed insignificant. The Tribunal admitted the appeal without pre-deposit and ordered a stay on the collection of dues during the appeal process. Case-Laws Service Tax Thu, 24 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240180