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2009 (6) TMI 71 - AT - Service TaxBenefit of abatement under notification 1/2006 – Cenvat Credit - Notification No. 01/2006-ST dated 01.3.2006 provides that if the service provider avails cenvat credit on capital goods and inputs and input services, such service provider will not be entitled for the benefit of abatement of 67% for the purpose of levy of service tax. The respondents voluntarily reversed the entire cenvat credit and interest thereon once it was pointed out to them that they cannot avail the benefit of Notification if they have availed the benefit of service tax credit on the input services – held that – benefit of abatement allowed despite the fact that credit reversed subsequently.
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