https://www.taxtmi.com/caselaws?id=266652 The Tribunal ruled in favor of the appellant, allowing them to avail service tax credit based on the Lease Deed specifying a designated area for providing taxable services. The Tribunal emphasized the importance of the Lease Deed in determining entitlement to credit and rejected the Revenue's argument to apply Rule 6(3) of Cenvat Credit Rules, 2004. It held that service tax paid on the leased area used for taxable services should be allowed as Cenvat credit. No penalty was imposed due to confusion and lack of clarity in previous decisions by the authorities. en-us Tue, 22 Sep 2015 00:00:00 +0530 Thu, 22 Oct 2015 17:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266652 The Tribunal ruled in favor of the appellant, allowing them to avail service tax credit based on the Lease Deed specifying a designated area for providing taxable services. The Tribunal emphasized the importance of the Lease Deed in determining entitlement to credit and rejected the Revenue's argument to apply Rule 6(3) of Cenvat Credit Rules, 2004. It held that service tax paid on the leased area used for taxable services should be allowed as Cenvat credit. No penalty was imposed due to confusion and lack of clarity in previous decisions by the authorities. Case-Laws Service Tax Tue, 22 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266652