https://www.taxtmi.com/caselaws?id=442513 The Tribunal ruled in favor of the Appellant on both issues. They allowed the utilization of CENVAT credit for payment of service tax on import services as the restriction introduced in 2012 did not apply to the disputed period in 2009. Additionally, the Tribunal permitted the adjustment of excess payments in one tax head against short payments in another, following judicial precedents. Consequently, the demand and interest confirmed in the impugned order were set aside, with no penalty imposed on the Appellant. The appeal was allowed, and the impugned order was overturned. en-us Wed, 30 Aug 2023 00:00:00 +0530 Mon, 04 Sep 2023 08:25:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442513 The Tribunal ruled in favor of the Appellant on both issues. They allowed the utilization of CENVAT credit for payment of service tax on import services as the restriction introduced in 2012 did not apply to the disputed period in 2009. Additionally, the Tribunal permitted the adjustment of excess payments in one tax head against short payments in another, following judicial precedents. Consequently, the demand and interest confirmed in the impugned order were set aside, with no penalty imposed on the Appellant. The appeal was allowed, and the impugned order was overturned. Case-Laws Service Tax Wed, 30 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442513