https://www.taxtmi.com/caselaws?id=370885 The Tribunal ruled in favor of the appellant in a case concerning the demand of service tax under 'Business Auxiliary Service' and the admissibility of Cenvat credit. The Tribunal held that the transaction was a sale, not subject to service tax, and disallowed the excess Cenvat credit availed. Additionally, the penalty imposed under Rule 15 of Cenvat Credit Rules, 2004 was set aside as the appellant had no intention to evade service tax. The judgment provided relief to the appellant on all counts, clarifying the nature of the transaction and the eligibility of Cenvat credit. en-us Tue, 20 Nov 2018 00:00:00 +0530 Mon, 26 Nov 2018 07:57:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370885 The Tribunal ruled in favor of the appellant in a case concerning the demand of service tax under 'Business Auxiliary Service' and the admissibility of Cenvat credit. The Tribunal held that the transaction was a sale, not subject to service tax, and disallowed the excess Cenvat credit availed. Additionally, the penalty imposed under Rule 15 of Cenvat Credit Rules, 2004 was set aside as the appellant had no intention to evade service tax. The judgment provided relief to the appellant on all counts, clarifying the nature of the transaction and the eligibility of Cenvat credit. Case-Laws Service Tax Tue, 20 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370885