https://www.taxtmi.com/caselaws?id=252510 The Tribunal found in favor of the appellant, ruling that the denial of the entire input Service Tax credit required further examination. The appellant's calculation for reversing proportionate credit was deemed correct, and the issue of invoking the extended recovery period needed more scrutiny. The Tribunal differentiated the case from precedent, emphasizing the need for detailed examination due to the retrospective effect of the 2011 amendment. Pre-deposit was waived for the balance dues, and a stay against recovery was granted pending the appeal's final hearing. en-us Fri, 07 Feb 2014 00:00:00 +0530 Mon, 27 Oct 2014 11:46:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252510 The Tribunal found in favor of the appellant, ruling that the denial of the entire input Service Tax credit required further examination. The appellant's calculation for reversing proportionate credit was deemed correct, and the issue of invoking the extended recovery period needed more scrutiny. The Tribunal differentiated the case from precedent, emphasizing the need for detailed examination due to the retrospective effect of the 2011 amendment. Pre-deposit was waived for the balance dues, and a stay against recovery was granted pending the appeal's final hearing. Case-Laws Service Tax Fri, 07 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252510