https://www.taxtmi.com/caselaws?id=260659 The appeal challenged the demand for wrongly utilized CENVAT Credit for service tax liability on renting immovable property. The Tribunal emphasized the requirement of nexus between input and output services for credit utilization, disallowing the credit use for service tax on renting immovable property due to the lack of nexus. The Tribunal upheld the demand for wrongly utilized credit and allowed re-crediting of the amount already paid, waiving the penalty under Section 80. en-us Fri, 05 Jun 2015 00:00:00 +0530 Tue, 12 Jan 2016 15:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260659 The appeal challenged the demand for wrongly utilized CENVAT Credit for service tax liability on renting immovable property. The Tribunal emphasized the requirement of nexus between input and output services for credit utilization, disallowing the credit use for service tax on renting immovable property due to the lack of nexus. The Tribunal upheld the demand for wrongly utilized credit and allowed re-crediting of the amount already paid, waiving the penalty under Section 80. Case-Laws Service Tax Fri, 05 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260659