https://www.taxtmi.com/caselaws?id=762297 CESTAT Ahmedabad ruled in favor of the respondent in a service tax dispute involving technical knowhow services under Consulting Engineer Service category. The tribunal held that extended period of limitation could not be invoked since the respondent had paid service tax and availed corresponding cenvat credit, indicating no malafide intent to evade tax. The court found no justification for penalty under section 11AC as the duty liability was already discharged, emphasizing that immediate credit availability negated any revenue loss. en-us Wed, 27 Nov 2024 00:00:00 +0530 Thu, 28 Nov 2024 13:05:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762297 CESTAT Ahmedabad ruled in favor of the respondent in a service tax dispute involving technical knowhow services under Consulting Engineer Service category. The tribunal held that extended period of limitation could not be invoked since the respondent had paid service tax and availed corresponding cenvat credit, indicating no malafide intent to evade tax. The court found no justification for penalty under section 11AC as the duty liability was already discharged, emphasizing that immediate credit availability negated any revenue loss. Case-Laws Service Tax Wed, 27 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762297