https://www.taxtmi.com/caselaws?id=273730 CENVAT credit cannot be denied merely because the taxability of directors' remuneration was questioned, where service tax was payable under the reverse charge mechanism from 01.07.2012 and had in fact been paid. The Tribunal noted that the sole basis for rejection was the view that no service tax was payable on the remuneration, but once payment of service tax was established and there was no finding that the amount was not deposited in the treasury, denial of credit was unjustified. The assessee was therefore entitled to the CENVAT credit on the directors' remuneration-related service tax. en-us Fri, 21 Oct 2016 00:00:00 +0530 Wed, 11 Jul 2018 21:59:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273730 CENVAT credit cannot be denied merely because the taxability of directors' remuneration was questioned, where service tax was payable under the reverse charge mechanism from 01.07.2012 and had in fact been paid. The Tribunal noted that the sole basis for rejection was the view that no service tax was payable on the remuneration, but once payment of service tax was established and there was no finding that the amount was not deposited in the treasury, denial of credit was unjustified. The assessee was therefore entitled to the CENVAT credit on the directors' remuneration-related service tax. Case-Laws Central Excise Fri, 21 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273730