https://www.taxtmi.com/caselaws?id=786093 Liability under reverse charge for expenses in foreign currency relating to overseas film shooting depends on place of provision: services performed and availed outside India are not taxable, so the demand based on balance sheet-ST3 discrepancies was set aside. For pro rata reversal of cenvat credit, value of services provided during the financial year governs computation; the appellant's methodology was acceptable and the reversal demand was cancelled. Cenvat credit claimed for subcontracted digital processing services and for capital goods used for both taxable and exempt services was upheld. Penalties were quashed for lack of fraud, collusion, or willful suppression. en-us Thu, 05 Feb 2026 00:00:00 +0530 Fri, 06 Feb 2026 09:25:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786093 Liability under reverse charge for expenses in foreign currency relating to overseas film shooting depends on place of provision: services performed and availed outside India are not taxable, so the demand based on balance sheet-ST3 discrepancies was set aside. For pro rata reversal of cenvat credit, value of services provided during the financial year governs computation; the appellant's methodology was acceptable and the reversal demand was cancelled. Cenvat credit claimed for subcontracted digital processing services and for capital goods used for both taxable and exempt services was upheld. Penalties were quashed for lack of fraud, collusion, or willful suppression. Case-Laws Service Tax Thu, 05 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786093