https://www.taxtmi.com/caselaws?id=353172 CENVAT credit validly availed on consultancy services for a plant expansion project could not be reversed merely because the project was later abandoned. The record showed the credit was rightly taken and utilised during the relevant period, and subsequent abandonment did not retrospectively make the credit irregular or create a reversal liability. Regular disclosure in returns also supported the assessee's position. The demand was therefore unsustainable, and the assessee succeeded. en-us Wed, 06 Dec 2017 00:00:00 +0530 Fri, 29 Dec 2017 08:23:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353172 CENVAT credit validly availed on consultancy services for a plant expansion project could not be reversed merely because the project was later abandoned. The record showed the credit was rightly taken and utilised during the relevant period, and subsequent abandonment did not retrospectively make the credit irregular or create a reversal liability. Regular disclosure in returns also supported the assessee's position. The demand was therefore unsustainable, and the assessee succeeded. Case-Laws Service Tax Wed, 06 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353172