2016 (2) TMI 111

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..... uty/tax liability in India in absence of any statutory bar in that regard. As the scheme of law relating to CENVAT Credit exists, there appears no anomaly in respect of reverse charge tax system - credit allowed - Decided in favor of assessee. - Appeal Nos. ST/40288 & 40289/2013 - - - Dated:- 5-10-2015 - D N Panda, Member (J) For the Appellant : Mr. T. Ramesh, Advocate For the Resp .....

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..... adjudication. 4. Heard both sides and perused the records. 5. It does not appeal to common sense as to reason why legitimate tax paid on reverse mechanism to the treasury on taxable service shall be denied to be set off against duty/tax liability in India in absence of any statutory bar in that regard. As the scheme of law relating to CENVAT Credit exists, there appears no anomaly in respec .....

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