2014 (5) TMI 422

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

..... Indira Sisupal, AC (AR) JUDGEMENT Per Mathew John; 1. The applicant manufactures excisable products and has been availing Cenvat credit on input services. They had taken Cenvat credit for service tax paid on banking and other financial services during the period 01-04-09 to 31-03-11. Such credit was actually taken in September 2011. 2. Prior to 01-04-2011, full credit of service tax ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e applicant, the learned advocate submits that in the matter of eligibility for Cenvat credit, the rule in force on the date on which they received the services should be taken as the criteria rather than the rule in force on the date on which cenvat credit was taken. He submits that in this case there is no doubt that services in question were received prior to 1-4-2011 and value of services was ....