https://www.taxtmi.com/caselaws?id=355837 The Tribunal upheld the impugned order, dismissing the Revenue's appeal. It ruled that no interest is payable on reversed Cenvat Credit if the credit was not utilized before reversal. Additionally, it held that various expenses should not be included in the value of taxable service solely based on claiming Cenvat Credit. The Tribunal also determined that target incentives received are not taxable under Business Auxiliary Service, likening them to trade discounts. The decision was based on a thorough analysis of relevant laws and precedents, ensuring a fair outcome. en-us Tue, 30 Jan 2018 00:00:00 +0530 Tue, 20 Feb 2018 06:05:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355837 The Tribunal upheld the impugned order, dismissing the Revenue's appeal. It ruled that no interest is payable on reversed Cenvat Credit if the credit was not utilized before reversal. Additionally, it held that various expenses should not be included in the value of taxable service solely based on claiming Cenvat Credit. The Tribunal also determined that target incentives received are not taxable under Business Auxiliary Service, likening them to trade discounts. The decision was based on a thorough analysis of relevant laws and precedents, ensuring a fair outcome. Case-Laws Service Tax Tue, 30 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355837