https://www.taxtmi.com/caselaws?id=271025 Cenvat credit was held inadmissible on service tax paid on amounts recovered from employees for canteen services, though tax paid on any eligible service component could still be available in accordance with law. On limitation and penalty, the prevailing larger bench view during the relevant period supported availment of credit, so the assessee's bona fide belief negated suppression and wilful intent. The extended period of limitation was therefore not sustainable, and penalty was set aside, while the demand within normal limitation with interest was maintained. en-us Fri, 30 Oct 2015 00:00:00 +0530 Sat, 01 Oct 2016 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271025 Cenvat credit was held inadmissible on service tax paid on amounts recovered from employees for canteen services, though tax paid on any eligible service component could still be available in accordance with law. On limitation and penalty, the prevailing larger bench view during the relevant period supported availment of credit, so the assessee's bona fide belief negated suppression and wilful intent. The extended period of limitation was therefore not sustainable, and penalty was set aside, while the demand within normal limitation with interest was maintained. Case-Laws Central Excise Fri, 30 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271025