https://www.taxtmi.com/caselaws?id=448185 The CESTAT Chennai set aside the demand against the appellant software company regarding CENVAT credit liability on exempted services. The company provided onsite software development services to its foreign branch office and availed CENVAT credit on common input services without maintaining separate accounts. The Revenue demanded payment of 6% of exempted services value under Rule 6(3)(i) of CENVAT Credit Rules, 2004. Following the Tribunal's earlier decision in the appellant's own case, the CESTAT held that no taxable service was rendered in USA under Finance Act 1994, making all charges unsustainable. The appeal was allowed and impugned order set aside. en-us Fri, 12 Jan 2024 00:00:00 +0530 Sat, 13 Jan 2024 08:36:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448185 The CESTAT Chennai set aside the demand against the appellant software company regarding CENVAT credit liability on exempted services. The company provided onsite software development services to its foreign branch office and availed CENVAT credit on common input services without maintaining separate accounts. The Revenue demanded payment of 6% of exempted services value under Rule 6(3)(i) of CENVAT Credit Rules, 2004. Following the Tribunal's earlier decision in the appellant's own case, the CESTAT held that no taxable service was rendered in USA under Finance Act 1994, making all charges unsustainable. The appeal was allowed and impugned order set aside. Case-Laws Service Tax Fri, 12 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448185