https://www.taxtmi.com/caselaws?id=438164 The Tribunal allowed the appeal, setting aside the order that demanded service tax, interest, and penalties. It held that the appellant could utilize Cenvat credit for payment of service tax on output services, citing relevant judicial precedents. The Tribunal emphasized the permissibility of such credit utilization under Rule 3(4) of the Cenvat Credit Rules, 2004, and referenced decisions by the Bombay High Court and Gujarat High Court supporting this practice. Consequently, the Tribunal ruled in favor of the appellant, allowing the cross-utilization of Cenvat credit for payment of service tax on Supply of Tangible Goods Services. en-us Wed, 11 Jan 2023 00:00:00 +0530 Thu, 25 May 2023 12:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438164 The Tribunal allowed the appeal, setting aside the order that demanded service tax, interest, and penalties. It held that the appellant could utilize Cenvat credit for payment of service tax on output services, citing relevant judicial precedents. The Tribunal emphasized the permissibility of such credit utilization under Rule 3(4) of the Cenvat Credit Rules, 2004, and referenced decisions by the Bombay High Court and Gujarat High Court supporting this practice. Consequently, the Tribunal ruled in favor of the appellant, allowing the cross-utilization of Cenvat credit for payment of service tax on Supply of Tangible Goods Services. Case-Laws Service Tax Wed, 11 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438164