https://www.taxtmi.com/caselaws?id=436319 Abatement exemption under Notification No. 01/2006-ST was treated as available where Cenvat credit had been taken but later reversed. The operative reasoning was that reversal of the credit restores compliance with the notification condition requiring non-availment of Cenvat credit. A contrary view based on an earlier High Court decision was not accepted because the Supreme Court authority on the same issue was followed. On that basis, the assessee was held entitled to the abatement exemption and the demand was dropped. en-us Thu, 03 Nov 2022 00:00:00 +0530 Tue, 11 Apr 2023 09:09:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436319 Abatement exemption under Notification No. 01/2006-ST was treated as available where Cenvat credit had been taken but later reversed. The operative reasoning was that reversal of the credit restores compliance with the notification condition requiring non-availment of Cenvat credit. A contrary view based on an earlier High Court decision was not accepted because the Supreme Court authority on the same issue was followed. On that basis, the assessee was held entitled to the abatement exemption and the demand was dropped. Case-Laws Service Tax Thu, 03 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436319