https://www.taxtmi.com/caselaws?id=766563 CESTAT Mumbai ruled in favor of appellants regarding CENVAT credit reversal on inputs sent to job workers. The case involved Smart-Cards sent to STB manufacturers for testing and assembly, which were returned as part of DTH broadcasting services. The Tribunal held that under Rule 4(5)(a) of CENVAT Rules 2004, no credit reversal was required since inputs were received back within prescribed timeframes and used for providing taxable services. The adjudicating authority erred by not examining accounting records and wrongly applying Rule 3(5) while ignoring its proviso clause. Appeal was allowed. en-us Tue, 25 Feb 2025 00:00:00 +0530 Fri, 28 Feb 2025 08:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766563 CESTAT Mumbai ruled in favor of appellants regarding CENVAT credit reversal on inputs sent to job workers. The case involved Smart-Cards sent to STB manufacturers for testing and assembly, which were returned as part of DTH broadcasting services. The Tribunal held that under Rule 4(5)(a) of CENVAT Rules 2004, no credit reversal was required since inputs were received back within prescribed timeframes and used for providing taxable services. The adjudicating authority erred by not examining accounting records and wrongly applying Rule 3(5) while ignoring its proviso clause. Appeal was allowed. Case-Laws Service Tax Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766563