https://www.taxtmi.com/caselaws?id=757996 The Tribunal ruled in favor of the Appellant, setting aside the demand and penalties imposed by the lower authorities. The Tribunal held that the Department cannot demand payment based on the value of exempted services when the Appellant had exercised the option to reverse proportionate credit. Consequently, the appeal was allowed with consequential relief. en-us Wed, 04 Sep 2024 00:00:00 +0530 Fri, 06 Sep 2024 08:18:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757996 The Tribunal ruled in favor of the Appellant, setting aside the demand and penalties imposed by the lower authorities. The Tribunal held that the Department cannot demand payment based on the value of exempted services when the Appellant had exercised the option to reverse proportionate credit. Consequently, the appeal was allowed with consequential relief. Case-Laws Service Tax Wed, 04 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757996