TMI Blog2021 (3) TMI 1157X X X X Extracts X X X X X X X X Extracts X X X X ..... - The issue is confined to the lack of knowledge of the department as to how the amount of ₹ 43,979/- has been arrived by the assessee for reversing the proportionate credit. The department does not contend that the appellant has to reverse any other amount or that the amount reversed is incorrect. It only confines as to how the appellant has worked out the said amount. There are no merit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e engaged in providing Stock Broking Service and Banking and Other Financial Services . They were using common input services for providing these output services. They also reversed the proportionate credit on the credit availed on the service tax on such input services as these output services are exempted service. The department was of the view that for the period April 2016 to June 2017, the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... given the working for arriving at the amount for which the Show Cause Notice has been issued. It is submitted by him that the appellant had furnished details of such amount which was not accepted nor considered by the department. During the time of adjudication also, the appellant had given details of the proportionate credit reversed by them. He prayed that the appeal may be allowed. 3. The l ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ot furnished by them. 6. The department does not contend that the appellant has to reverse any other amount or that the amount reversed is incorrect. It only confines as to how the appellant has worked out the said amount. I do not find any merits in the confirmation of demand. Though in the Order in Original as well as in the first appellate authority s order, the department has discussed th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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