https://www.taxtmi.com/caselaws?id=438969 The Tribunal set aside the demand related to the incorrect formula for reversal of Cenvat credit under Rule 6(3) of CCR 2004, citing that the formula should only consider common Cenvat credit. The penalty imposed for short-payment of service tax under Business Auxiliary Service (BAS) was upheld. The appeals were partly allowed with consequential relief. en-us Thu, 08 Jun 2023 00:00:00 +0530 Tue, 13 Jun 2023 14:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438969 The Tribunal set aside the demand related to the incorrect formula for reversal of Cenvat credit under Rule 6(3) of CCR 2004, citing that the formula should only consider common Cenvat credit. The penalty imposed for short-payment of service tax under Business Auxiliary Service (BAS) was upheld. The appeals were partly allowed with consequential relief. Case-Laws Service Tax Thu, 08 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438969