𝗖𝗘𝗦𝗧𝗔𝗧 𝗖𝗵𝗲𝗻𝗻𝗮𝗶 𝗥𝘂𝗹𝗶𝗻𝗴 𝗼𝗻 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗧𝗮𝘅 𝗔𝗱𝗷𝘂𝘀𝘁𝗺𝗲𝗻𝘁 𝗧𝗿𝗶𝗯𝘂𝗻𝗮𝗹 𝗥𝘂𝗹𝗶𝗻𝗴: Adjusting excess service tax on supplementary invoices is allowed if subsequent invoices are unpaid.

🔍 𝗙𝗮𝗰𝘁𝘀: 𝗖𝗼𝗺𝗽𝗮𝗻𝘆: M/s. Tata Steel Downstream Products Ltd. 𝗜𝘀𝘀𝘂𝗲: Eligibility for adjusting excess service tax paid against future liability.

⚖️ 𝗝𝘂𝗱𝗴𝗺𝗲𝗻𝘁: The Tribunal allowed the appeal, affirming the appellant's eligibility for adjustment. It noted the Chartered Accountant's Certificate confirming the cancellation of the original invoices and no receipt of consideration.

𝗖𝗮𝘀𝗲 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻: 𝗧𝗶𝘁𝗹𝗲: M/s. Tata Steel Downstream Products Ltd. vs. Commissioner of GST and Central Excise 𝗢𝗿𝗱𝗲𝗿 𝗗𝗮𝘁𝗲: April 29, 2024 𝗖𝗮𝘀𝗲 𝗡𝗼:Service Tax Appeal No. 40018 of 2023

📜 This ruling confirms that excess service tax paid on rejected invoices can be adjusted against future tax liabilities. #CESTAT #ServiceTax #LegalUpdate #arr4nirc