https://www.taxtmi.com/caselaws?id=798629 Reimbursable expenses for the pre-amendment period were excluded from taxable value, and a demand cannot rest solely on differences between accrual-based financial-statement turnover and receipt-based ST-3 turnover without material proving taxable receipts. CENVAT credit computations require reconciliation of opening balances, tax paid on imported services and correct return figures; any surviving excess-credit demand requires fresh verification and is confined to the normal limitation period. Credit is available for business-related professional, housekeeping, security, maintenance and repair services, and for pre-1 April 2011 employee insurance and health check-ups; group-booking expenditure requires evidence of business promotion. Bona fide SEZ-exemption belief, followed by pre-notice payment of tax and interest, constitutes reasonable cause against penalty. Regular filings and departmental audit negate extended limitation and associated penalties. en-us Thu, 25 Jun 2026 00:00:00 +0530 Thu, 10 Sep 2026 08:51:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798629 Reimbursable expenses for the pre-amendment period were excluded from taxable value, and a demand cannot rest solely on differences between accrual-based financial-statement turnover and receipt-based ST-3 turnover without material proving taxable receipts. CENVAT credit computations require reconciliation of opening balances, tax paid on imported services and correct return figures; any surviving excess-credit demand requires fresh verification and is confined to the normal limitation period. Credit is available for business-related professional, housekeeping, security, maintenance and repair services, and for pre-1 April 2011 employee insurance and health check-ups; group-booking expenditure requires evidence of business promotion. Bona fide SEZ-exemption belief, followed by pre-notice payment of tax and interest, constitutes reasonable cause against penalty. Regular filings and departmental audit negate extended limitation and associated penalties. Case-Laws Service Tax Thu, 25 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798629