https://www.taxtmi.com/caselaws?id=370503 The Tribunal dismissed the Department's appeal, ruling in favor of the appellant. The appellant was found eligible for Cenvat Credit on the Service Tax paid on the entire contractor payment, despite withholding part payment for performance guarantee. The Tribunal clarified that Rule 4 (7) of Cenvat Credit Rules now links credit entitlement to the invoice amount paid, not the payment to the service provider. As the Service Tax was paid on the invoiced amount, the appellant was deemed entitled to the credit, in line with previous decisions and a clarifying circular. en-us Tue, 30 Oct 2018 00:00:00 +0530 Sun, 18 Nov 2018 08:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370503 The Tribunal dismissed the Department's appeal, ruling in favor of the appellant. The appellant was found eligible for Cenvat Credit on the Service Tax paid on the entire contractor payment, despite withholding part payment for performance guarantee. The Tribunal clarified that Rule 4 (7) of Cenvat Credit Rules now links credit entitlement to the invoice amount paid, not the payment to the service provider. As the Service Tax was paid on the invoiced amount, the appellant was deemed entitled to the credit, in line with previous decisions and a clarifying circular. Case-Laws Service Tax Tue, 30 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370503