https://www.taxtmi.com/caselaws?id=247491 The Tribunal held that the appellant could avail Cenvat credit on input services for trading activity to the extent they were used for manufacturing, directing a deposit of Rs. 7,00,000. Rule 6 of Cenvat Credit Rules was applied, disallowing credit for services related to trading. The invocation of the extended period under Section 73(1) of the Finance Act, 1994 was upheld despite the appellant's arguments. The imposition of a penalty under Rule 15(2) of Cenvat Credit Rules was partially waived due to the appellant's compliance with filing returns. en-us Fri, 30 Sep 2011 00:00:00 +0530 Tue, 13 May 2014 11:56:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247491 The Tribunal held that the appellant could avail Cenvat credit on input services for trading activity to the extent they were used for manufacturing, directing a deposit of Rs. 7,00,000. Rule 6 of Cenvat Credit Rules was applied, disallowing credit for services related to trading. The invocation of the extended period under Section 73(1) of the Finance Act, 1994 was upheld despite the appellant's arguments. The imposition of a penalty under Rule 15(2) of Cenvat Credit Rules was partially waived due to the appellant's compliance with filing returns. Case-Laws Service Tax Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247491