2010 (1) TMI 308

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..... . Ltd. and M/s. J.S. Khalsa Steel P Ltd. while passing the impugned order. Both these decisions have been set aside by the Tribunal as mentioned above holding that in such a situation in the absence of express provisions for reversing the credit of Service tax attributable to input services associated with the inputs, the question of reversal of credit of Service tax did not arise. It has not been .....

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..... not only they have taken credit of duty on the inputs received but also in respect of Service tax paid on input service namely GTA services which was utilised for bringing the said inputs. He ordered recovery of credit amounting to Rs. 1,05,708/- along with interest and imposed equal amount as penalty under Rule 15 of the Cenvat Credit Rules, 2004 read with Section 11AC of the Central Excise Act, .....

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..... ase of Chitrakoot Steel Power Pvt. Ltd. v. CCE, Chennai reported in 2008 (10) S.T.R. 118 (Tri.-Chennai). 5. Learned DR submits that in respect of input received, the assessee takes credit not only duty paid on the inputs but also on the Service tax paid on the goods transport services availed for bringing the said inputs to his factory and since the goods are removed subsequently, the credit o .....

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