https://www.taxtmi.com/caselaws?id=371602 CENVAT credit on input services is admissible where the service tax actually paid by the provider remains unchanged and only part of the invoice value is retained as liquidated damages or adjusted after invoicing. Rule 4(7) allows credit of the tax indicated in the invoice against payment for the service, and Circular No. 122/3/2010-ST treats a reduced discounted payment as final only to that extent. A different Revenue circular was held inapplicable, so denial of credit on this ground was unsustainable. en-us Thu, 06 Dec 2018 00:00:00 +0530 Fri, 07 Dec 2018 06:52:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371602 CENVAT credit on input services is admissible where the service tax actually paid by the provider remains unchanged and only part of the invoice value is retained as liquidated damages or adjusted after invoicing. Rule 4(7) allows credit of the tax indicated in the invoice against payment for the service, and Circular No. 122/3/2010-ST treats a reduced discounted payment as final only to that extent. A different Revenue circular was held inapplicable, so denial of credit on this ground was unsustainable. Case-Laws Central Excise Thu, 06 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371602