TMI Blog2010 (12) TMI 198X X X X Extracts X X X X X X X X Extracts X X X X ..... the Department. Subsequently, the Department has levied interest and penalty in respect of such reversal which in the first place was not required to be done - The only restrictions are that the credit should not exceed the amount of service tax paid and the second restriction is that the credit should not be attributable to services used in the manufacture of exempted goods or for providing of e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... appellants have re-credited the impugned amount of credit in respect of the Hosur Unit which has been availed by the Mysore Unit subsequently. He states that there is no provision in law for availing proportionate credit but the reversal was made at the instance of the Department. Subsequently, the Department has levied interest and penalty in respect of such reversal which in the first place was ..... X X X X Extracts X X X X X X X X Extracts X X X X
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