9911796707
TMI Blog2022 (7) TMI 875X X X X Extracts X X X X X X X X Extracts X X X X ..... or not - revenue neutrality - recovery of service tax alongwith interest and penalty - reverse charge mechanism - HELD THAT:- Admittedly, the transaction, on which the service tax was demanded belatedly, was found on record in the books of account. Further, the service tax has been demanded under Reverse Charge Mechanism. The appellant, being a manufacturer of dutiable goods, is entitled to Cenva ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in the manufacture of S.S. Utensils which are dutiable under the Central Excise Tariff Act. Pursuant to audit, show cause notice dated 7-1-2020 was issued requiring to show cause as to why (A) service tax amounting to Rs. 20,680/- along with interest and penalty should not be recovered from them under Sections 73 and 75 of the Finance Act, 1994. (B) Service tax amounting to Rs. 3,529/- has been de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ibunal. 6. Heard the parties. 7. Having considered the rival contentions, I find, admittedly, the transaction, on which the service tax was demanded belatedly, was found on record in the books of account. Further, the service tax has been demanded under Reverse Charge Mechanism. The appellant, being a manufacturer of dutiable goods, is entitled to Cenvat credit of such service tax. Thu ..... X X X X Extracts X X X X X X X X Extracts X X X X
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