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2009 (7) TMI 136 - AT - Service TaxCommon input services – cenvat credit – exempted and taxable output services - A show cause notice was issued to the appellant stating that they have availed credit on inputs services viz, goods transport services in respect of both dutiable and exempted products and since they have not maintained separate accounts, they were liable to pay duty @10% in respect of exempted products cleared by them. The appellants have taken credit of service tax in the month of December 2005 and have reversed the entire amount of Rs. 86,665/- in March 2006 – held that - by availing the credit in December 2005, the appellant has committed an error and for the same the appellant is liable to pay penalty - demand of duty and interest against the appellant dropped - penalty of Rs.10,000/- on the appellant confirmed.
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