https://www.taxtmi.com/caselaws?id=765147 CESTAT Mumbai allowed the appeal, setting aside demands totaling over Rs. 1,347 crores against the appellant. The tribunal held proceedings were time-barred as Revenue failed to establish willful misstatement or suppression justifying extended limitation period. CENVAT credit disallowance of Rs. 634.05 crores was unsustainable as appellant received legitimate input services without evidence of misuse. Service tax demand of Rs. 583.26 crores was invalid since charging provisions ceased from July 2017. Demand on advances of Rs. 78.08 crores failed as amounts were repaid before show cause notice. Interest recovery of Rs. 52.45 crores was improper as Point of Taxation Rules were inapplicable. All associated interest and penalties were consequently set aside. en-us Fri, 24 Jan 2025 00:00:00 +0530 Mon, 27 Jan 2025 08:40:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765147 CESTAT Mumbai allowed the appeal, setting aside demands totaling over Rs. 1,347 crores against the appellant. The tribunal held proceedings were time-barred as Revenue failed to establish willful misstatement or suppression justifying extended limitation period. CENVAT credit disallowance of Rs. 634.05 crores was unsustainable as appellant received legitimate input services without evidence of misuse. Service tax demand of Rs. 583.26 crores was invalid since charging provisions ceased from July 2017. Demand on advances of Rs. 78.08 crores failed as amounts were repaid before show cause notice. Interest recovery of Rs. 52.45 crores was improper as Point of Taxation Rules were inapplicable. All associated interest and penalties were consequently set aside. Case-Laws Service Tax Fri, 24 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765147