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2018 (8) TMI 495 - AT - Service TaxExtended period of limitation - Reverse Charge Mechanism - External Commercial Borrowings obtained from abroad - Revenue Neutrality - Held that:- Revenue has not disputed the fact that appellant has paid the service tax and has also availed the Cenvat credit thereof. In this circumstance, it is apparent that the situation is Revenue neutral. In view of the Revenue neutral situation, as held in the case of Jay Yushin Limited [2000 (7) TMI 105 - CEGAT, COURT NO. I, NEW DELHI], extended period of limitation cannot be invoked. Appeal allowed - decided in favor of appellant.
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