TaxTMI 
TaxTMI 
2021 (3) TMI 1157
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..... Nandakumar, AC (AR) for the Respondent ORDER Brief facts are that the appellants are engaged in providing 'Stock Broking Service' and 'Banking and Other Financial Services'. They were using common input services for providing these output services. They also reversed the proportionate credit on the credit availed on the service tax on such input services as these output services are exempted s....
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....pril 2017 to June 2017. The department was of the view that the appellant has not given the working for arriving at the amount for which the Show Cause Notice has been issued. It is submitted by him that the appellant had furnished details of such amount which was not accepted nor considered by the department. During the time of adjudication also, the appellant had given details of the proportiona....
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....ns of Rule based on which such reversal was affected is not furnished by them." 6. The department does not contend that the appellant has to reverse any other amount or that the amount reversed is incorrect. It only confines as to how the appellant has worked out the said amount. I do not find any merits in the confirmation of demand. Though in the Order in Original as well as in the first appell....