https://www.taxtmi.com/caselaws?id=358115 The Appellate Tribunal CESTAT Bangalore disposed of appeals concerning CENVAT credit taken by a telecommunication service provider for towers and prefabricated buildings. The Department alleged irregular credit availed, leading to a recovery notice and subsequent appeals. Despite the appellant's arguments on the necessity of these items for service provision, the Tribunal, considering past rulings and the Tower Vision case, upheld the demand within the limitation period but dismissed the extended period demand. Penalties were waived due to the interpretational nature of the issue and the appellant's bona fide belief, invoking Section 80 of the Finance Act, 1994. en-us Mon, 05 Feb 2018 00:00:00 +0530 Wed, 17 Feb 2021 12:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358115 The Appellate Tribunal CESTAT Bangalore disposed of appeals concerning CENVAT credit taken by a telecommunication service provider for towers and prefabricated buildings. The Department alleged irregular credit availed, leading to a recovery notice and subsequent appeals. Despite the appellant's arguments on the necessity of these items for service provision, the Tribunal, considering past rulings and the Tower Vision case, upheld the demand within the limitation period but dismissed the extended period demand. Penalties were waived due to the interpretational nature of the issue and the appellant's bona fide belief, invoking Section 80 of the Finance Act, 1994. Case-Laws Service Tax Mon, 05 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358115