https://www.taxtmi.com/caselaws?id=764565 The Tribunal held that the respondent is entitled to avail Cenvat credit on service tax paid on commissions/brokerage for the sale of flats. It concluded that the explanation inserted in Rule 2(l) of the Cenvat Credit Rules, 2004, by Notification No. 2/2016-CX (NT) is declaratory and retrospectively effective, thus supporting the respondent's claim. The Tribunal dismissed the Department's appeal, affirming the respondent's entitlement to the credit. The issue of the extended period of limitation was deemed moot due to the resolution of the substantive credit entitlement in favor of the respondent. en-us Mon, 06 Jan 2025 00:00:00 +0530 Sat, 11 Jan 2025 10:08:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764565 The Tribunal held that the respondent is entitled to avail Cenvat credit on service tax paid on commissions/brokerage for the sale of flats. It concluded that the explanation inserted in Rule 2(l) of the Cenvat Credit Rules, 2004, by Notification No. 2/2016-CX (NT) is declaratory and retrospectively effective, thus supporting the respondent's claim. The Tribunal dismissed the Department's appeal, affirming the respondent's entitlement to the credit. The issue of the extended period of limitation was deemed moot due to the resolution of the substantive credit entitlement in favor of the respondent. Case-Laws Service Tax Mon, 06 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764565