CENVAT Credit Denied for Service Tax Under VCES Scheme; Payments Treated as Supplementary Invoices; Penalty Waived.

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....Availing CENVAT credit of service tax under VCES Scheme - It is beyond doubt that the payment of duty on the invoices raised under VCES Scheme has to be held as payment by way of raising supplementary invoices, which was on account of misstatement or suppression with intent to evade payment of duty. - Credit not allowed - Demand confirmed with interest - Penalty waived.....