https://www.taxtmi.com/caselaws?id=389738 The Tribunal allowed the appeal, setting aside the Commissioner's order, as the demand for denial of CENVAT credits on trading considered exempted service was deemed time-barred and unsustainable. The Tribunal emphasized the absence of evidence of fraud or intent to evade duty, stating that trading without any associated service component does not attract Service Tax liability. The decision was based on the timeliness of the show-cause notice, lack of intent to evade duty, and the nature of trading activities in relation to Service Tax liability. en-us Fri, 13 Dec 2019 00:00:00 +0530 Mon, 16 Dec 2019 09:49:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389738 The Tribunal allowed the appeal, setting aside the Commissioner's order, as the demand for denial of CENVAT credits on trading considered exempted service was deemed time-barred and unsustainable. The Tribunal emphasized the absence of evidence of fraud or intent to evade duty, stating that trading without any associated service component does not attract Service Tax liability. The decision was based on the timeliness of the show-cause notice, lack of intent to evade duty, and the nature of trading activities in relation to Service Tax liability. Case-Laws Service Tax Fri, 13 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389738