https://www.taxtmi.com/caselaws?id=757871 CESTAT New Delhi dismissed the appeal where the appellant wrongly availed Cenvat credit on input services for unsold flats after completion certificate issuance. The tribunal held that transfer of immovable property title by sale is not a service under Section 65B(44), making the appellant ineligible to retain Cenvat credit without service tax liability. Extended limitation period was correctly invoked due to suppression of material facts with intent to evade liability. Interest under Section 75 and penalty under Section 78 were upheld as automatic consequences of duty liability. en-us Fri, 30 Aug 2024 00:00:00 +0530 Tue, 03 Sep 2024 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757871 CESTAT New Delhi dismissed the appeal where the appellant wrongly availed Cenvat credit on input services for unsold flats after completion certificate issuance. The tribunal held that transfer of immovable property title by sale is not a service under Section 65B(44), making the appellant ineligible to retain Cenvat credit without service tax liability. Extended limitation period was correctly invoked due to suppression of material facts with intent to evade liability. Interest under Section 75 and penalty under Section 78 were upheld as automatic consequences of duty liability. Case-Laws Service Tax Fri, 30 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757871