https://www.taxtmi.com/caselaws?id=761359 CESTAT New Delhi ruled in favor of the appellant regarding Cenvat Credit on foreign commission paid under reverse charge. The tribunal held that commission paid to sales agents for promotional activities qualifies for Cenvat Credit availment. The agreement showed the agent's obligations included assisting with buyer payments, providing market information, and procuring sales orders. Despite the adjudicating authority's observations, no reasonable explanation was provided to deny the legitimate business arrangement. The tribunal found no suppression of facts, making the extended limitation period inapplicable, and declared the Show Cause Notice time-barred. en-us Wed, 10 Jul 2024 00:00:00 +0530 Sat, 09 Nov 2024 08:46:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761359 CESTAT New Delhi ruled in favor of the appellant regarding Cenvat Credit on foreign commission paid under reverse charge. The tribunal held that commission paid to sales agents for promotional activities qualifies for Cenvat Credit availment. The agreement showed the agent's obligations included assisting with buyer payments, providing market information, and procuring sales orders. Despite the adjudicating authority's observations, no reasonable explanation was provided to deny the legitimate business arrangement. The tribunal found no suppression of facts, making the extended limitation period inapplicable, and declared the Show Cause Notice time-barred. Case-Laws Service Tax Wed, 10 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761359