Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2013 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (12) TMI 1223 - CESTAT BANGALORECenvat credit taken on input service - Separate accounts not maintained - Common input services used in manufacture – Waiver of Pre-deposit – Held that:- The provisions prescribed a time limited for CENVAT credit taken on the common input services and reverse it so as to avert a demand under Rule 6(3) of the CENVAT Credit Rules 2004 but the assessee did not heed it - Now they claim to have reversed the inadmissible credit for the period from 1.4.2008 at a belated stage –Assessee is clearing both dutiable and exempted final products - They could have refrained from taking CENVAT credit on the common input services if it was their case that the quantum of credit attributable to the exempted final products was not segregable - The appellant however chose to take CENVAT credit of the entire amount of service tax paid on common input services – Appellant failed to make out a prima facie case for waiver – the appellant directed to deposit Rupees ten lakhs as pre-deposit – upon such submission rest of the duty to be stayed till the disposal – partial stay granted.
|