https://www.taxtmi.com/caselaws?id=176781 The Appellate Tribunal CESTAT Bangalore ruled in favor of the appellant, a Telecommunication Services provider, in a case involving a demand for service tax and penalties. The issue centered on written off service charges affecting eligibility for Cenvat credit. The Tribunal agreed with the appellant that the services were taxable, and tax liability arises upon receipt of consideration, which had not occurred. Consequently, the pre-deposit requirement was waived, and recovery stayed during the appeal process. This case emphasizes the importance of considering actual consideration receipt for taxable services in determining Cenvat credit eligibility. en-us Mon, 30 Mar 2015 00:00:00 +0530 Mon, 28 Dec 2015 22:38:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176781 The Appellate Tribunal CESTAT Bangalore ruled in favor of the appellant, a Telecommunication Services provider, in a case involving a demand for service tax and penalties. The issue centered on written off service charges affecting eligibility for Cenvat credit. The Tribunal agreed with the appellant that the services were taxable, and tax liability arises upon receipt of consideration, which had not occurred. Consequently, the pre-deposit requirement was waived, and recovery stayed during the appeal process. This case emphasizes the importance of considering actual consideration receipt for taxable services in determining Cenvat credit eligibility. Case-Laws Service Tax Mon, 30 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176781