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2011 (3) TMI 627 - AT - Service TaxReversal of Cenvat Credit - Taxable and Exempted services provided by SBI - Rule 6(3)(c) of the Cenvat Credit Rules, 2004 - The provisions of the Rule restricting utilization of credit to the extent of 20% of the tax payable is a very clear cut provision and the concerned branch of the SBI was required to follow the same more so when they are claiming to be service tax collectors - The pleas that the SBI has issued an internal circular, (a copy of which is not made available), that the SBI is a Govt. Bank, that it is collecting service tax for the department etc., are extraneous to determine limitation under Section 73 of the Finance Act, 1994 - Appeal is allowed
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