https://www.taxtmi.com/caselaws?id=388428 The Tribunal dismissed the appeal, ruling against the appellant on both issues. It upheld the requirement for reversing the proportionate common input service tax credit related to trading activities, aligning with the precedent set by the Delhi HC in M/s. Lally Automobiles Pvt. Ltd. Furthermore, it supported the invocation of the extended period of limitation for the Show Cause Notice, as the appellant's actions indicated awareness of the legal requirements. The Tribunal found no merit in the appellant's claims regarding the reversal of service tax credit and the challenge to the extended limitation period, leading to the appeal's dismissal. en-us Wed, 13 Nov 2019 00:00:00 +0530 Thu, 07 Nov 2024 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388428 The Tribunal dismissed the appeal, ruling against the appellant on both issues. It upheld the requirement for reversing the proportionate common input service tax credit related to trading activities, aligning with the precedent set by the Delhi HC in M/s. Lally Automobiles Pvt. Ltd. Furthermore, it supported the invocation of the extended period of limitation for the Show Cause Notice, as the appellant's actions indicated awareness of the legal requirements. The Tribunal found no merit in the appellant's claims regarding the reversal of service tax credit and the challenge to the extended limitation period, leading to the appeal's dismissal. Case-Laws Service Tax Wed, 13 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388428