https://www.taxtmi.com/caselaws?id=280230 The Tribunal ruled in favor of the appellants, holding that Rule 3(5) of the Cenvat Credit Rules, 2004 does not apply to input services, only to inputs or capital goods. The decision was supported by a judgment from the High Court of Punjab and Haryana. The Tribunal emphasized the distinction between inputs or capital goods and input services in the rules, clarifying that the reversal of credit under Rule 3(5) is specific to inputs or capital goods, not service tax credits related to those inputs. en-us Thu, 19 Jul 2018 00:00:00 +0530 Fri, 26 Apr 2019 08:11:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280230 The Tribunal ruled in favor of the appellants, holding that Rule 3(5) of the Cenvat Credit Rules, 2004 does not apply to input services, only to inputs or capital goods. The decision was supported by a judgment from the High Court of Punjab and Haryana. The Tribunal emphasized the distinction between inputs or capital goods and input services in the rules, clarifying that the reversal of credit under Rule 3(5) is specific to inputs or capital goods, not service tax credits related to those inputs. Case-Laws Service Tax Thu, 19 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280230