https://www.taxtmi.com/caselaws?id=343460 The Tribunal allowed the appeal, upholding the tax liability but setting aside the penalties imposed on the appellant for using cenvat credit to pay service tax on a reverse charge basis under Section 66 A of the Finance Act, 1994. The Tribunal relied on legal precedents, including cases like Paramount Communication Ltd. and Shree Rajasthan Syntex Ltd., to establish that service recipients discharging tax liability on a reverse charge basis can utilize cenvat credit. The judgment clarified the legality of using cenvat credit for such payments and emphasized adherence to established legal principles in tax liability disputes. en-us Wed, 12 Apr 2017 00:00:00 +0530 Thu, 25 May 2017 10:27:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343460 The Tribunal allowed the appeal, upholding the tax liability but setting aside the penalties imposed on the appellant for using cenvat credit to pay service tax on a reverse charge basis under Section 66 A of the Finance Act, 1994. The Tribunal relied on legal precedents, including cases like Paramount Communication Ltd. and Shree Rajasthan Syntex Ltd., to establish that service recipients discharging tax liability on a reverse charge basis can utilize cenvat credit. The judgment clarified the legality of using cenvat credit for such payments and emphasized adherence to established legal principles in tax liability disputes. Case-Laws Service Tax Wed, 12 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343460