https://www.taxtmi.com/caselaws?id=760744 Bona fide Cenvat credit, if otherwise available and properly recorded in the assessee's accounts, cannot be denied merely because it was not shown in the ST-3 return. Non-disclosure in the return is treated as a procedural lapse and does not, by itself, defeat adjustment of credit against service tax liability. However, the factual position regarding actual availability, utilisation, carry forward, and any transit of credit must still be verified from the books of account, income tax returns, and connected records. The matter was remanded for fresh adjudication and verification of the credit claim. en-us Wed, 23 Oct 2024 00:00:00 +0530 Sat, 26 Oct 2024 08:15:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760744 Bona fide Cenvat credit, if otherwise available and properly recorded in the assessee's accounts, cannot be denied merely because it was not shown in the ST-3 return. Non-disclosure in the return is treated as a procedural lapse and does not, by itself, defeat adjustment of credit against service tax liability. However, the factual position regarding actual availability, utilisation, carry forward, and any transit of credit must still be verified from the books of account, income tax returns, and connected records. The matter was remanded for fresh adjudication and verification of the credit claim. Case-Laws Service Tax Wed, 23 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760744