https://www.taxtmi.com/caselaws?id=263594 The appellant, involved in manufacturing Printed Circuit Boards, availed Cenvat credit on service tax paid for GTA service. Following discrepancies during an audit, the appellant reversed the credit without adjudication by the Revenue. Subsequently, the appellant sought a refund of the debited sum, denied due to exceeding the one-year limitation period. The court emphasized that the reversal entry should be treated as a deposit exempt from the limitation period, as there were no adjudication proceedings or confirmed demands. The judgment allowed the appeal, granting consequential relief to the appellant. en-us Mon, 03 Aug 2015 00:00:00 +0530 Thu, 25 Feb 2016 12:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263594 The appellant, involved in manufacturing Printed Circuit Boards, availed Cenvat credit on service tax paid for GTA service. Following discrepancies during an audit, the appellant reversed the credit without adjudication by the Revenue. Subsequently, the appellant sought a refund of the debited sum, denied due to exceeding the one-year limitation period. The court emphasized that the reversal entry should be treated as a deposit exempt from the limitation period, as there were no adjudication proceedings or confirmed demands. The judgment allowed the appeal, granting consequential relief to the appellant. Case-Laws Service Tax Mon, 03 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263594