https://www.taxtmi.com/caselaws?id=257233 The appellant's claim for credit of service tax paid on input services used for trading activities was denied, leading to confirmation of demand, interest, and penalty by the adjudicating authority. The Commissioner (Appeals) upheld the decision, citing the Cenvat Credit Rules that considered trading activity as an exempted service. The judge, relying on a Tribunal decision in a similar case, dismissed the appeal, finding no fault in the lower authority's decision to deny the credit for service tax in trading activities. en-us Mon, 15 Sep 2014 00:00:00 +0530 Thu, 05 Mar 2015 10:35:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257233 The appellant's claim for credit of service tax paid on input services used for trading activities was denied, leading to confirmation of demand, interest, and penalty by the adjudicating authority. The Commissioner (Appeals) upheld the decision, citing the Cenvat Credit Rules that considered trading activity as an exempted service. The judge, relying on a Tribunal decision in a similar case, dismissed the appeal, finding no fault in the lower authority's decision to deny the credit for service tax in trading activities. Case-Laws Central Excise Mon, 15 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257233