https://www.taxtmi.com/caselaws?id=422170 The case involved disputes over the availment of tax credit on input services for output services, liability calculation under CENVAT Credit Rules, 2004, and the retrospective effect of an April 2016 amendment. The appellant reversed credit, but tax authorities claimed a higher liability. The appellant argued against the application of an incorrect formula and sought retrospective application of the amendment. The court remanded the case for a fresh decision, emphasizing computation based on parameters at the time of liability and in line with previous judicial rulings. en-us Fri, 06 May 2022 00:00:00 +0530 Wed, 11 May 2022 08:33:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=422170 The case involved disputes over the availment of tax credit on input services for output services, liability calculation under CENVAT Credit Rules, 2004, and the retrospective effect of an April 2016 amendment. The appellant reversed credit, but tax authorities claimed a higher liability. The appellant argued against the application of an incorrect formula and sought retrospective application of the amendment. The court remanded the case for a fresh decision, emphasizing computation based on parameters at the time of liability and in line with previous judicial rulings. Case-Laws Service Tax Fri, 06 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=422170