https://www.taxtmi.com/caselaws?id=767186 CESTAT Kolkata allowed the appeal regarding CENVAT credit denial. The appellant was held eligible for Rs.57,68,603 credit on input services for cement plant setup, as services like banking, legal consultancy, and maintenance remained covered despite removal of "setting up" from input service definition. Additional credit of Rs.32,557 on debit notes for electricity reimbursement was also allowed. Service tax demand of Rs.85,692 was appropriated against already paid amounts. Interest demand of Rs.24,88,246 and penalty of Rs.61,21,372 under Section 78 were set aside due to sufficient CENVAT credit balance and unsustainable demands. en-us Wed, 05 Mar 2025 00:00:00 +0530 Wed, 12 Mar 2025 09:06:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767186 CESTAT Kolkata allowed the appeal regarding CENVAT credit denial. The appellant was held eligible for Rs.57,68,603 credit on input services for cement plant setup, as services like banking, legal consultancy, and maintenance remained covered despite removal of "setting up" from input service definition. Additional credit of Rs.32,557 on debit notes for electricity reimbursement was also allowed. Service tax demand of Rs.85,692 was appropriated against already paid amounts. Interest demand of Rs.24,88,246 and penalty of Rs.61,21,372 under Section 78 were set aside due to sufficient CENVAT credit balance and unsustainable demands. Case-Laws Service Tax Wed, 05 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767186