https://www.taxtmi.com/caselaws?id=780837 CESTAT Kolkata (AT) allowed the appeal, directing proportionate reversal of Cenvat credit for common inputs used in taxable and exempt services under Rules 6(3A)/6(3AA), rejecting an inflated unilateral demand. The tribunal set aside extended-period demands after finding no suppression or evasion, excepting confirmed liability for foreign remittance treated on reverse-charge (RCM) which the appellant did not contest. Service tax paid under RCM permits Cenvat credit, producing a revenue-neutral outcome; penalties were set aside, though any unpaid interest on belated RCM payment remains recoverable under s.75 of the Finance Act, 1994. en-us Tue, 04 Nov 2025 00:00:00 +0530 Fri, 07 Nov 2025 08:37:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780837 CESTAT Kolkata (AT) allowed the appeal, directing proportionate reversal of Cenvat credit for common inputs used in taxable and exempt services under Rules 6(3A)/6(3AA), rejecting an inflated unilateral demand. The tribunal set aside extended-period demands after finding no suppression or evasion, excepting confirmed liability for foreign remittance treated on reverse-charge (RCM) which the appellant did not contest. Service tax paid under RCM permits Cenvat credit, producing a revenue-neutral outcome; penalties were set aside, though any unpaid interest on belated RCM payment remains recoverable under s.75 of the Finance Act, 1994. Case-Laws Service Tax Tue, 04 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780837