https://www.taxtmi.com/caselaws?id=357054 The appeal was disposed of with the appellant's contention that post-amendment to the definition of 'input service,' eligibility to CENVAT credit was denied for services used in setting up a factory being upheld. The appellant reversed the CENVAT credit, negating the duty recovery liability, but faced a discrepancy in interest computation. The penalty imposed was set aside, and interest liability was modified to apply only to deficits in the CENVAT credit account. The impugned order was set aside except for the reversed CENVAT credit amount, resolving the appeal and cross-objection. en-us Fri, 03 Nov 2017 00:00:00 +0530 Sat, 17 Mar 2018 08:00:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357054 The appeal was disposed of with the appellant's contention that post-amendment to the definition of 'input service,' eligibility to CENVAT credit was denied for services used in setting up a factory being upheld. The appellant reversed the CENVAT credit, negating the duty recovery liability, but faced a discrepancy in interest computation. The penalty imposed was set aside, and interest liability was modified to apply only to deficits in the CENVAT credit account. The impugned order was set aside except for the reversed CENVAT credit amount, resolving the appeal and cross-objection. Case-Laws Central Excise Fri, 03 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357054