https://www.taxtmi.com/caselaws?id=264064 The Tribunal set aside the demand of service tax under reverse charge against textile manufacturers for commission paid to overseas agents, granting them exemption under Notification No.14/2004-ST for export promotion activities related to textile goods. The decision favored the appellants, allowing cenvat credit on service tax paid under reverse charge to maintain competitiveness in the overseas market. Penalties were rejected due to lack of deliberate evasion and the demand being time-barred. The judgment provided a detailed analysis supporting the appellants' eligibility for exemption and rejecting the Revenue's appeal, ultimately ruling in favor of the appellants. en-us Wed, 24 Jun 2015 00:00:00 +0530 Wed, 16 Sep 2015 13:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264064 The Tribunal set aside the demand of service tax under reverse charge against textile manufacturers for commission paid to overseas agents, granting them exemption under Notification No.14/2004-ST for export promotion activities related to textile goods. The decision favored the appellants, allowing cenvat credit on service tax paid under reverse charge to maintain competitiveness in the overseas market. Penalties were rejected due to lack of deliberate evasion and the demand being time-barred. The judgment provided a detailed analysis supporting the appellants' eligibility for exemption and rejecting the Revenue's appeal, ultimately ruling in favor of the appellants. Case-Laws Service Tax Wed, 24 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264064