https://www.taxtmi.com/caselaws?id=366299 Maintenance of separate accounts for inputs and input services under Rule 6(2) of the Cenvat Credit Rules, 2004 disentitles the department from demanding 5% of the value of exempted services. On the facts recorded, the appellant was found to have maintained such separate accounts, consistent with its earlier case on identical facts. Once that factual compliance was accepted, the foundation for the demand, together with interest and penalty, ceased to exist. The impugned order was therefore set aside and the demand was held unsustainable, with consequential relief granted to the appellant. en-us Mon, 23 Jul 2018 00:00:00 +0530 Sat, 01 Sep 2018 06:49:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366299 Maintenance of separate accounts for inputs and input services under Rule 6(2) of the Cenvat Credit Rules, 2004 disentitles the department from demanding 5% of the value of exempted services. On the facts recorded, the appellant was found to have maintained such separate accounts, consistent with its earlier case on identical facts. Once that factual compliance was accepted, the foundation for the demand, together with interest and penalty, ceased to exist. The impugned order was therefore set aside and the demand was held unsustainable, with consequential relief granted to the appellant. Case-Laws Service Tax Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366299