𝗖𝗘𝗦𝗧𝗔𝗧 𝗔𝗵𝗺𝗲𝗱𝗮𝗯𝗮𝗱 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗖𝗹𝗼𝘀𝗶𝗻𝗴 𝗕𝗮𝗹𝗮𝗻𝗰𝗲 𝗼𝗳 𝗖𝗲𝗻𝘃𝗮𝘁 𝗖𝗿𝗲𝗱𝗶𝘁 📢 𝗧𝗵𝗲 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗵𝗲𝗹𝗱: "No tax demand can be sustained if the correct closing balance of Cenvat Credit is declared in the books and supported by valid invoices."

🔍 𝗙𝗮𝗰𝘁𝘀: 𝗖𝗼𝗺𝗽𝗮𝗻𝘆: Industrial Extension Bureau 𝗜𝘀𝘀𝘂𝗲: Whether the appellant is liable for tax demand due to discrepancies in Cenvat Credit closing balances. 𝗔𝗰𝘁𝗶𝘃𝗶𝘁𝘆: The appellant declared a closing balance of ₹1,19,12,078/- in their accounts, but the ST-3 return showed ₹1,01,53,009/-. A demand was raised and upheld by the Commissioner.

⚖️ 𝗝𝘂𝗱𝗴𝗲𝗺𝗲𝗻𝘁: The Tribunal found that the declared balance of ₹31,67,294/- was validly supported by invoices, proving eligibility for Cenvat Credit. The appeal was allowed, and consequential relief granted.

📜 𝗖𝗮𝘀𝗲 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻: 𝗧𝗶𝘁𝗹𝗲: Industrial Extension Bureau vs. C.S.T. – Service Tax Ahmedabad 𝗢𝗿𝗱𝗲𝗿 𝗗𝗮𝘁𝗲: 19 January 2023 📜 This ruling emphasizes that valid documentation is key to proving Cenvat Credit entitlement.