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2009 (12) TMI 407 - AT - Service TaxStay- Cenvat Credit- The allegation of the revenue in the show cause notice is that the applicant is not maintaining separate records for the input services commonly used in the taxable services as well as in the sale of gas turbines and hence they are required to utilize only 20% of the service tax payable from the cenvat credit and having not done so, and having utilized cenvat credit in excess of 20% violated/contravened the provisions of Rule 6(3)(c) of the Cenvat Credit Rules 2004. Question whether sale of parts covered under services or category of sale. Held that- trading in sale of parts undertaken. Cenvat Credit amount utilized during impugned period, reserved. Pre-deposit of balance amount waived.
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