https://www.taxtmi.com/caselaws?id=388579 CENVAT credit was held inadmissible on service tax paid under the VCES scheme on reverse charge basis, because the payment was not made against an ordinary eligible document and fell within the restriction reflected in Rule 9(1)(b); the demand and interest were therefore upheld. Penalty was set aside because the credit had been disclosed in the CENVAT account and to the Revenue, and the dispute turned on interpretation of the legal provisions rather than conduct warranting penal action. The assessee received only partial relief, with tax and interest sustained but penalty deleted. en-us Mon, 19 Aug 2019 00:00:00 +0530 Tue, 19 Nov 2019 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388579 CENVAT credit was held inadmissible on service tax paid under the VCES scheme on reverse charge basis, because the payment was not made against an ordinary eligible document and fell within the restriction reflected in Rule 9(1)(b); the demand and interest were therefore upheld. Penalty was set aside because the credit had been disclosed in the CENVAT account and to the Revenue, and the dispute turned on interpretation of the legal provisions rather than conduct warranting penal action. The assessee received only partial relief, with tax and interest sustained but penalty deleted. Case-Laws Service Tax Mon, 19 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388579