https://www.taxtmi.com/caselaws?id=433188 The extended period of limitation was not invokable because the assessee maintained regular records, had earlier audits, and the notice arose from a later change of opinion rather than suppression or wilful misstatement. CENVAT credit was allowed on invoices addressed to the Bangalore office and the director's name, as the services were actually received and paid for by the assessee and were supported by business exigency. Demand on imported software, server space and web-hosting was largely set aside because downloaded software was not taxable as goods, overseas hosting was not taxable in India, and the remaining transactions were revenue neutral; one quantified issue was remanded for verification and re-quantification. Consequential penalties were set aside, and only the late-filing penalty was reduced. en-us Mon, 16 Jan 2023 00:00:00 +0530 Wed, 26 Jul 2023 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433188 The extended period of limitation was not invokable because the assessee maintained regular records, had earlier audits, and the notice arose from a later change of opinion rather than suppression or wilful misstatement. CENVAT credit was allowed on invoices addressed to the Bangalore office and the director's name, as the services were actually received and paid for by the assessee and were supported by business exigency. Demand on imported software, server space and web-hosting was largely set aside because downloaded software was not taxable as goods, overseas hosting was not taxable in India, and the remaining transactions were revenue neutral; one quantified issue was remanded for verification and re-quantification. Consequential penalties were set aside, and only the late-filing penalty was reduced. Case-Laws Service Tax Mon, 16 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433188