https://www.taxtmi.com/caselaws?id=375409 The Tribunal upheld the Commissioner (Appeals)' decision in favor of the service tax assessee, rejecting the Revenue's appeal. The Tribunal found no grounds to interfere, emphasizing the lack of suppression of facts and the absence of justification for invoking the extended limitation period for issuing the show cause notice. The appellant's reversal of Cenvat credit, without any malafide intent, was considered valid, entitling them to the benefit of the abatement under Notification No.01/2006-ST. The judgment highlighted the importance of adherence to statutory requirements and proper record-keeping in tax assessments. en-us Tue, 08 Jan 2019 00:00:00 +0530 Tue, 19 Feb 2019 07:31:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375409 The Tribunal upheld the Commissioner (Appeals)' decision in favor of the service tax assessee, rejecting the Revenue's appeal. The Tribunal found no grounds to interfere, emphasizing the lack of suppression of facts and the absence of justification for invoking the extended limitation period for issuing the show cause notice. The appellant's reversal of Cenvat credit, without any malafide intent, was considered valid, entitling them to the benefit of the abatement under Notification No.01/2006-ST. The judgment highlighted the importance of adherence to statutory requirements and proper record-keeping in tax assessments. Case-Laws Service Tax Tue, 08 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375409