https://www.taxtmi.com/caselaws?id=771560 Fit-out and interior execution that converts a bare commercial structure into a functional showroom is treated as original works for works contract valuation, so abatement applicable to original works may apply and a higher departmental valuation is unsustainable. Reverse charge tax on subcontractor works contract services was revenue neutral because the tax paid was available as CENVAT credit, so the extended period could not be invoked. Common input services used for taxable and exempted trading activity required proportionate reversal under Rule 6(3) of the CENVAT Credit Rules, but only for the normal limitation period. Reconciliation-based service tax demands and consequential penalties were not sustained where the department did not show that the financial accounts reflected taxable turnover alone. en-us Mon, 26 May 2025 00:00:00 +0530 Wed, 28 May 2025 08:26:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771560 Fit-out and interior execution that converts a bare commercial structure into a functional showroom is treated as original works for works contract valuation, so abatement applicable to original works may apply and a higher departmental valuation is unsustainable. Reverse charge tax on subcontractor works contract services was revenue neutral because the tax paid was available as CENVAT credit, so the extended period could not be invoked. Common input services used for taxable and exempted trading activity required proportionate reversal under Rule 6(3) of the CENVAT Credit Rules, but only for the normal limitation period. Reconciliation-based service tax demands and consequential penalties were not sustained where the department did not show that the financial accounts reflected taxable turnover alone. Case-Laws Service Tax Mon, 26 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771560