https://www.taxtmi.com/caselaws?id=292317 The Tribunal dismissed the appeal regarding the admissibility of CENVAT credit for service tax in sub-contractor billings, emphasizing that the service tax credit did not meet the criteria under the CENVAT Credit Rules 2004. The Tribunal also upheld the cross-utilization of credit by manufacturers providing services, stating that maintaining separate accounts was not mandatory under the Rules. The judgment criticized the Committee of Chief Commissioners for disregarding binding decisions and stressed the importance of adhering to the rule of law. The appeal of the Revenue was ultimately dismissed based on settled law on credit cross-utilization by manufacturers offering services. en-us Fri, 10 Jan 2020 00:00:00 +0530 Sat, 19 Dec 2020 06:17:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292317 The Tribunal dismissed the appeal regarding the admissibility of CENVAT credit for service tax in sub-contractor billings, emphasizing that the service tax credit did not meet the criteria under the CENVAT Credit Rules 2004. The Tribunal also upheld the cross-utilization of credit by manufacturers providing services, stating that maintaining separate accounts was not mandatory under the Rules. The judgment criticized the Committee of Chief Commissioners for disregarding binding decisions and stressed the importance of adhering to the rule of law. The appeal of the Revenue was ultimately dismissed based on settled law on credit cross-utilization by manufacturers offering services. Case-Laws Central Excise Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292317