https://www.taxtmi.com/caselaws?id=443034 The Tribunal ruled in favor of the appellant, determining that ERP system services are classified under Information Technology Service (ITS) and not taxable under Business Auxiliary Service (BAS) for the period 2006-07 to 2007-08. The demand was considered time-barred due to the appellant's entitlement to CENVAT credit, rendering the tax demand revenue-neutral. Consequently, penalties were waived under Section 80 of the Finance Act, 1994, and the appeal was allowed, setting aside the impugned order. en-us Wed, 13 Sep 2023 00:00:00 +0530 Thu, 21 Mar 2024 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443034 The Tribunal ruled in favor of the appellant, determining that ERP system services are classified under Information Technology Service (ITS) and not taxable under Business Auxiliary Service (BAS) for the period 2006-07 to 2007-08. The demand was considered time-barred due to the appellant's entitlement to CENVAT credit, rendering the tax demand revenue-neutral. Consequently, penalties were waived under Section 80 of the Finance Act, 1994, and the appeal was allowed, setting aside the impugned order. Case-Laws Service Tax Wed, 13 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443034