2007 (7) TMI 107 - AT - Service Tax

Service tax credit - Appellant availed the service tax credit of input services under bona fide belief which is of different category, hence not entitle for credit - Tribunal decided the matter against the appellant but penalty amount set aside

Summary

The appeal was filed against Order-in-Appeal No. 63/2005-ST dated 22-3-2006. The appellant provided Cellular Phone Services and availed input services of Internet Operator. The Department denied credit of input service, but penalty was set aside due to appellant's bona fide belief. The appellants were held not entitled to credit during the relevant period, but interest has to be paid.