Cenvat Credit Denied for Unsuccessful Tech Project on Liquid-Filled Capsules; Transaction Deemed a Sham.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Cenvat credit - service tax paid on input services of technology development received - this project of technology development for liquid filled hard gelatine capsule didn't give any result makes this full transaction of input service a suspect and put it in the category of sham transaction - demand confirmed - AT....