https://www.taxtmi.com/caselaws?id=375247 The Tribunal set aside the impugned order confirming a demand under Rule 14 of CENVAT Credit Rules, 2004 and Section 73(1) of the Finance Act, 1994, for the period 2011-12. The Commissioner(Appeals) upheld the demand, interest, and penalty but dropped the demand for the period 2008-09 to 2010-11. The appellant, providing both taxable and exempted services without separate accounts for input services, faced a demand for non-reversal of CENVAT credit attributable to exempted services. The Tribunal ruled in favor of the appellant, emphasizing the incorrect classification of trading as an exempted service pre-2011 and the lack of evidence supporting tax evasion, leading to the appeal's success. en-us Tue, 12 Feb 2019 00:00:00 +0530 Sat, 16 Feb 2019 06:29:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375247 The Tribunal set aside the impugned order confirming a demand under Rule 14 of CENVAT Credit Rules, 2004 and Section 73(1) of the Finance Act, 1994, for the period 2011-12. The Commissioner(Appeals) upheld the demand, interest, and penalty but dropped the demand for the period 2008-09 to 2010-11. The appellant, providing both taxable and exempted services without separate accounts for input services, faced a demand for non-reversal of CENVAT credit attributable to exempted services. The Tribunal ruled in favor of the appellant, emphasizing the incorrect classification of trading as an exempted service pre-2011 and the lack of evidence supporting tax evasion, leading to the appeal's success. Case-Laws Service Tax Tue, 12 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375247