https://www.taxtmi.com/caselaws?id=325671 The appeal was allowed in favor of the appellant, a Co-operative Bank, in a case concerning the availment of Cenvat Credit on a common input service used for both taxable and exempted output services. The Member concluded that the demand under Rule 6(3)(i) was not sustainable as the appellant had effectively nullified the credit by paying the entire amount along with interest. The decision hinged on the analysis of legal provisions pre and post 1.4.2008, with the Member highlighting the availability of two options post that date and setting aside the impugned order. en-us Wed, 17 Feb 2016 00:00:00 +0530 Thu, 03 Nov 2016 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325671 The appeal was allowed in favor of the appellant, a Co-operative Bank, in a case concerning the availment of Cenvat Credit on a common input service used for both taxable and exempted output services. The Member concluded that the demand under Rule 6(3)(i) was not sustainable as the appellant had effectively nullified the credit by paying the entire amount along with interest. The decision hinged on the analysis of legal provisions pre and post 1.4.2008, with the Member highlighting the availability of two options post that date and setting aside the impugned order. Case-Laws Service Tax Wed, 17 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325671