https://www.taxtmi.com/caselaws?id=341885 The Tribunal allowed the appeal, setting aside the order on revenue neutrality grounds. It held that the service tax liability on the appellant for payments made to overseas service providers facilitating External Commercial Borrowings (ECB) was time-barred, as the appellant had already discharged the service tax under the reverse charge mechanism. The Tribunal emphasized the revenue-neutral nature of the transactions, allowing the appellant to avail CENVAT credit for Central Excise duty payment on manufactured products, ultimately granting consequential relief based on established facts and circumstances. en-us Fri, 03 Feb 2017 00:00:00 +0530 Tue, 18 Apr 2017 21:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341885 The Tribunal allowed the appeal, setting aside the order on revenue neutrality grounds. It held that the service tax liability on the appellant for payments made to overseas service providers facilitating External Commercial Borrowings (ECB) was time-barred, as the appellant had already discharged the service tax under the reverse charge mechanism. The Tribunal emphasized the revenue-neutral nature of the transactions, allowing the appellant to avail CENVAT credit for Central Excise duty payment on manufactured products, ultimately granting consequential relief based on established facts and circumstances. Case-Laws Service Tax Fri, 03 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341885