https://www.taxtmi.com/caselaws?id=423741 The Tribunal partially allowed the appeal by a non-banking finance corporation regarding the eligibility of Cenvat Credit on Corporate Social Responsibility (CSR) expenses. The denial of Cenvat Credit on CSR expenses within the normal period of limitation was upheld, while the demand for the extended period of limitation and penalties under Section 76 of the Finance Act, 1994, were set aside. The matter was remanded for recalculating the amount of Cenvat Credit to be denied. en-us Thu, 09 Jun 2022 00:00:00 +0530 Mon, 16 Jan 2023 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423741 The Tribunal partially allowed the appeal by a non-banking finance corporation regarding the eligibility of Cenvat Credit on Corporate Social Responsibility (CSR) expenses. The denial of Cenvat Credit on CSR expenses within the normal period of limitation was upheld, while the demand for the extended period of limitation and penalties under Section 76 of the Finance Act, 1994, were set aside. The matter was remanded for recalculating the amount of Cenvat Credit to be denied. Case-Laws Service Tax Thu, 09 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423741